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Average cost of food and non-alcoholic beverages up by 4.8%, on annual basis as at March

By Javaughn Keyes
 
 
The average cost of food and non-alcoholic beverages rose by 4.8 per cent, on an annual basis as at March.
 
The Statistical Institute of Jamaica [STATIN] says however that for the month of March alone, there was a 1.8 per cent decline in the index. 
 
This was mainly attributed to a two per cent fall in the Food group. 
 
The cost for vegetables, tubers, plantains, cooking bananas and pulses, which declined by 8.6 per cent factored into the decline.
 
Decreases in prices of tomato, yam, sweet potato, cabbage and carrot also affected the group. 
 
STATIN says this decrease was moderated by increases in the index of the classes cereal and cereal products and meat and other parts of slaughtered land animals.
 
 
 


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