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Consumer Price Index - August 2022
Consumer Price Index - August 2022
The Bahamas National Statistical Institute is pleased to announce the release of its Consumer Price index, August 2022.
Opposition meets with Petroleum Retailers Association
NASSAU, BAHAMAS — Members of the Opposition met with representatives of The Bahamas Petroleum Retailers Association (BPRA) on Tuesday to discuss a wide range of concerns, with the association underscoring the increased burdens experienced by the business community and how these have affected their fixed profit margins. According to a statement by the Opposition, the [...]
Two percent rise in prices year-over-year for October 2023
NASSAU, BAHAMAS — There has been a year-over-year rise in prices of over two percent, according to The Consumer Price Index for October 2023. The findings were contained in a report by the Bahamas National Statistical Institute that measured CPI—a measure of the average change of prices over time—among other metrics. The Monthly Inflation Rate [...]
Consumer Price Index sees two percent year-over-year increase in August
NASSAU, BAHAMAS — The Consumer Price Index (CPI) for the month of August saw a two percent increase when compared to the same period in 2022, according to data related by The Bahamas National Statistical Institute. The rise was evident in the overall cost of items purchased by the average consumer during this period. Notably, [...]
Aggreko's expansion into Bahamas will include an apprentice program
Aggreko, a global leader in providing flexible energy solutions, is proud to announce its expansion into the Bahamas, by establishing a new local entity in the region. This significant move underscores Aggreko's commitment to powering progress in the Caribbean and increasing its capability to deliver long-term efficient, reliable, and sustainable (including renewable sources) energy solutions.
IT WAS WORTH IT: Pintard defends former administration's decision on Wärtsilä engines
NASSAU, BAHAMAS — Bahamas Power and Light (BPL) constructed Station A at a 35 percent reduced cost over similar-sized power plants, according to Opposition leader Michael Pintard, who defended the company's purchase of seven engines from Wärtsilä in 2019. A Bahamas Power and Light (BPL) report providing a review of Station A, which housed the [...]
Consumer prices up slightly in July
Consumer prices up slightly in July
In July the country's inflation rate increased by 0.6 percent when compared to June the Bahamas National Statistical Institute explained in its most recent Consumer Price Index for the month of July.
Halkitis says govt still in talks regarding fuel retailers' concerns
Minister of Economic Affairs Michael Halkitis assured yesterday that the government is still working with the Bahamas Petroleum Retailers Association (BPRA) to come to an agreement on appropriate margins on fuel products, which are price-controled.
Sands: PLP govt has made it hard to survive
Sands: PLP govt has made it hard to survive
While Prime Minister Philip Davis and his administration marked their second anniversary in office with Davis touting what he viewed as a list of achievements that have made life better for Bahamians, Free National Movement Chairman Dr. Duane Sands charged that the Davis administration has made it hard for citizens to survive. "Prime Minister Davis said ...
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Inflation to lower to 3% by next year, IDB says
Inflation to lower to 3% by next year, IDB says
A recent report released by the Inter-American Development Bank (IDB) explains that inflation in The Bahamas is expected to decrease to about three percent this year and into next year, rated against the 4.1 percent rate recorded for March of this year. The Bahamas National Statistical Institute's (BNSI) latest Consumer Price index for May 2023, which ...
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