Topic: food prices
Cayman’s grocery bills keep rising, even as inflation slows
In Cayman, even when inflation appears to be under control, grocery bills continue to climb, putting ongoing pressure on monthly budgets.
Growing demand puts pressure on Meals on Wheels
While government considers the recommendation to raise Cayman's minimum wage to $8.75, organisations like Meals on Wheels are feeling the pressure of increasing demand for food support in the face of inflation and stagnant earnings.
Furniture, fuel, and transport costs drive inflation in 2023
Shoppers had to dig deeper into their pockets for household furnishings and food last year, as costs of these and other items drove the average consumer price index 3.8% higher than in 2022.
Year in review: Christmas dinner more expensive this year
The financial strain that many in the Cayman Islands felt after having faced record inflation in 2022 did not relent in 2023 as interest rates and the cost of living continued to trend upwards adding to an already difficult economic climate.
