Antigua and Barbuda records largest increase in rate of inflation since 2012

The Statistics Division, under the Ministry of Finance and Corporate Governance releases the CPI for Feb 2022.The All Items index rose 4.5 % for the twelve months ending February 2022. The annual inflation rate has been steadily rising and this is the largest increase since February 2012.The Food index rose 8.9% over the year with all nine food group indexes increasing. The index for Fruit increased 26.3% over the last year as both the indexes for Fresh and Chilled, and the index for Frozen, Preserved, or Processed Fruits increased 26.0% and 28.0% respectively.

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