The Statistical Institute of Jamaica (STATIN) is reporting that the rate of inflation or the average increase in the general prices level dipped 0.4% in April but climbed to 5.3% during the 12-month period, April 2024 to April 2025.
STATIN says this decline in average prices in April was due to a 1.4% dip in the prices of housing, water, electricity, gas and other fuels, a 0.5?ll in the prices of food and non-alcoholic beverages, and a 0.4% hike in the price of healthcare services.
The 5.3% increase in the point-to-point rate was due to a 7.5% spike in the prices of food and non-alcoholic beverages, a 6.1% increase in the prices of housing, electricity, gas and other fuels as well as a 6.2% bump in the prices for restaurant and accommodation services.
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