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Close Topic OptionsTrinidad & Tobago Inflation At 10% - Page 20 of 25
The Central Bank continues devaluating the - Page 20 - Trinidad, Tobago / Caribbean - Posted: 13th Aug, 2009 - 12:09pm
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Economy, cost of living, high pricesPost Date: 4th Jun, 2009 - 11:03am / Post ID: #
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Trinidad & Tobago Inflation At 10% - Page 20
Inflation, LIQUIDITY levels still CLIMBING
Net fiscal injections during the first half of the fiscal year 2009 were 24 per cent higher than in the corresponding period of the previous fiscal year and this has affected liquidity in the financial system, the Central Bank observes in its latest Repo rate report. Ref. Source 8
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Post Date: 14th Jul, 2009 - 12:35pm / Post ID: #
Inflation Tobago and Trinidad
According to the Express, food prices have fallen along with the price of vegetables:
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| The rate of inflation in Trinidad and Tobago has plummeted to its lowest point in a year. A decline in the rate to single digits means that Trinidadians and Tobagonians are paying less for basic foods like bread and fruit and needing to spend less on healthcare and housing. Inflation data from the Central Statistical Office indicated a marked deceleration in the rate of inflation in June, the Central Bank said yesterday. Headline inflation "fell sharply" to 8.4 per cent in June from 10.3 per cent in May, the Bank said in a statement yesterday. "This is the first time in 12 months that the rate has reached a single-digit figure," the Central Bank said. Food inflation, the main driver of the rate, decelerated to 16.5 per cent in the 12 months to June, down from almost 20 per cent in May. Core inflation, which excludes the impact of food prices, slowed to 4.5 per cent in June from 5.8 per cent in May. This June figure was the lowest in for the past 17 months. There were slower year-on-year prices increases for bread and cereals, meat, oils and fats, fruits, sugar, jams and confectionery. There were also slower price increases in healthcare and housing, the Bank stated.... |
| QUOTE |
| More vegetables are on the market this week, bringing prices down. Tomatoes have dropped from $10 to $8 over the past two weeks. At roadside stalls this weekend, vendors were offering "four (pounds) for $20". Cucumber prices fell from $5 to $3 a pound, and at some places as low as $2. Melongene went from $5 to $3 a pound, and caraille dropped to $2.50 from $4 a pound. Market experts said lettuce prices remained high and pumpkin prices increased, with fewer on the market as a result of the hot weather experienced over the past few months.... |
Trinidad & Tobago Inflation At 10%
It probably is going down in the books but I don't see this reflected when I go out to purchase items. I see in some cases its still rising. I'd like to see examples of what they're talking about specifically.
Trinidad & Tobago Inflation 10% Trinidad & Tobago / Caribbean - Page 20
The Central Bank continues devaluating the TT dollar slowly and everyone does not seem to have an issue with it. They went beyond $6.35 to the US dollar and it seems to be continuing. This mean, increase in food prices and everything else. When is this madness going to stop?
TOPIC: Trinidad & Tobago Inflation At 10%