Inflation in Antigua and Barbuda Hits 6.2% in July 2024, Driven by Rising Food and Core Prices
Prices rose by an average of 6.2 percent over the 12-month period up to July 2024.
That’s the update on headline inflation from the Statistics Division in the Finance Ministry.
The Food Index rose by 4 percent, with most of that increase coming from the indexes for vegetables, bread and cereals, meat, and meat products.
Price rises for vegetables contributed the most to food inflation, accounting for 25.6 percent over the 12 months to July. The index for bread and cereals had the second-largest impact.
Core inflation, which excludes food and energy prices, was recorded at 6.6 percent. This was driven by increases in the indexes for miscellaneous goods and services, communication, alcoholic beverages, tobacco, and the sub-index for the purchase of vehicles.
Inflation in Antigua and Barbuda remains largely imported due to the structure of the economy.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Two Held After Dennis Francis Wounded in Villa Shooting
Police have detained two suspects within 24 hours of the early-morning attack that left 47-year-old Dennis Francis with gunshot wounds to his lower back and abdomen.
By Cory Wayland
Antigua EMS Staff Head to Orlando for International Emergency Care Conference
Supervisor Akelia Carr and paramedic Mauli George will join emergency medical professionals from around the world at EMS World 2026, with new training and international practices expected to strengthen services at home.
By Cory Wayland
"We Are Because They Were”: Senator O’Donoghue Delivers Stirring Message at AT&LU Conference
At the AT&LU’s 87th Annual Delegates’ Conference, Senator Angelica O’Donoghue called for stronger worker development, renewed solidarity and a new generation of leaders grounded in the movement’s history.
By Editorial Staff
Government Releases U.S. Proposal and Antigua and Barbuda Counter-Proposal on Third-Country Nationals
The government says no agreement has been reached and that its counter-proposal would require written approval for every person transferred from the United States.
By Shermain Bique-Charles
Comments (6)
JOE August 30, 2024, 2:06 PM
Lani August 30, 2024, 12:54 PM
Malik August 30, 2024, 12:53 PM
Nyron August 30, 2024, 12:52 PM
Arthur August 30, 2024, 12:51 PM
Ingrid Johnson August 30, 2024, 8:15 AM