A paper published ahead of next week's meeting of the #FalklandIslands Standing Finance Committee shows that the retail price index for Stanley went up 1.7% in the first months of 2022 and 5.2% in the year to 31 March 2022
#CostOfLiving in the #Falklands
#CostOfLiving in the #Falklands
The paper says "The data points to an acceleration of price growth compared to previous quarters; although much of the year-over-year growth can be attributed to base effects on fuel prices (i.e. low fuel prices recorded one year ago)."
The paper also notes that there had been no evidence of inflation in the ‘Food and non-alcoholic beverages’ category in the previous two quarters but that this category added 0.6 percentage points to inflation in the latest quarter
Of the 175 items in the Stanley RPI shopping basket:
70 went up in price in Q1 22
44 went down
There were 5 items that each added more than 0.1 pp to Q1 22 inflation - the top item was Vehicle Purchase (which added 0.8pp on its own!)
70 went up in price in Q1 22
44 went down
There were 5 items that each added more than 0.1 pp to Q1 22 inflation - the top item was Vehicle Purchase (which added 0.8pp on its own!)
@threadreaderapp unroll, please and thank you
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