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Consumer Price Index survey of residents in rental housing under way

The Economics and Statistics Office started a survey on Tuesday, 24th Feb., which aims to collect data from residents of the Cayman Islands who live in rental properties.
Shoppers faced long grocery store lines in preparation for Rafael's arrival. Many were unable to pay for their emergency items due to system outages. - Photo: Sarah Bridge

Soaring food and healthcare costs challenge Cayman families

Surging healthcare and grocery costs had the biggest impact on family budgets in Cayman according to newly published spending data.

Health ranks as highest quality of life factor in ESO survey

Data from the Economics and Statistics Office show Cayman's residents are quite happy and enjoying a quality of life ranked at 82.2%

Rise in education costs fuel inflation in first quarter

Spikes in costs across all levels of education pushed up Cayman's inflation rate during the first quarter of the year, according to the latest data from the Economics and Statistics Office.

Labour minister a no-show as government punts minimum wage report to public

Labour Minister Dwayne Seymour, who is charged with taking the findings of Cayman's long awaited minimum wage report forward, was noticeably absent from Wednesday's media conference to address questions on the future of the recommended wage uplift.
Gas prices in Cayman Islands

Fuel prices rose by nearly 30% in 2022

Inflation in the Cayman Islands hit record levels in 2022, with core inflation peaking at 7.4% and consumer prices rising to a historic high of 9.5%, based on data released by the Economic and Statistics Office.

Unemployment hits new low as population surges again

Unemployment in Cayman has fallen to the lowest point in decades as the island's population surged yet again, according to the latest data from the Economics and Statistics Office.

Cayman’s unemployment rate plummets as population passes 80k

Unemployment in the Cayman Islands dipped to a near historic low in the latter half of 2022 as the island's economy rebounded from the Covid lockdown.

Cayman’s population grows by 10.5% in less than a year

Cayman's population now stands at 78,554, an increase of 10.5% over the number of people counted in the October 2021 Census, Deputy Premier Chris Saunders said.

Census 2021 launches in Brac with education, publicity campaign

Government launched the official 2021 census at the District Administration Building in Cayman Brac on Friday, 21 May.

How the pandemic affected Cayman’s population

The Economics and Statistics Office earlier this year released its COVID-19 passenger departure survey report. In it, the ESO breaks down Cayman’s population as of June. It also details who left Cayman on emergency flights during the pandemic.

ESO mulls continuing with census plans

Plans for the 2020 census in October remain up in the air as Economic and Statistics Office Director Adrian Laidlow has said officials are reviewing next steps as Cayman continues to battle the COVID-19 health crisis.
An aerial view of the business area of downtown George Town, Grand Cayman

Solid economic expansion in 2017

The Cayman economy grew at a rate of 2.4 percent in the first nine months of last year.

Door-to-door employment survey to begin

Interviewers with the government’s Economics and Statistics Office are set to begin a new survey on employment in the Cayman Islands on Sunday. ESO workers plan to visit 1,401 randomly selected households across the islands over the next four weeks.

Households spent $1.7 billion in 2015

Gross domestic product grew 2 percent last year, slower than 2014’s 2.4 percent growth, according to the Economics and Statistics Office’s annual economic report. Growth in construction, real estate, financial services and government continued to be Cayman’s economic drivers.

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