ECCB Governor Says Inflation Falling, But Not Fast Enough

In a Christmas message, the Eastern Caribbean Central Bank (ECCB) Governor Timothy Antoine reiterated the strength of the EC dollar and noted falling inflation. However, Antoine highlighted the threat of the climate crisis to macroeconomic and financial stability. “The climate crisis remains a clear and present danger for macroeconomic and financial stability,” Antoine asserted. “Inflation […]

Here is a list of actions the Antigua government has taken to combat prices and inflation

Buffering Impact of Global Factors:The government highlighted that the inflation experienced since January 2022 was attributed to global factors, such as rising fuel and commodity prices.Emphasized that government policies served as a significant buffer, mitigating more challenging circumstances for the nation.Monitoring and Assessment:Referenced the IMF Article IV assessment on Antigua and Barbuda as a tool […]

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 […]

US inflation falls to 3%, lowest level in more than 2 years

After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — three per cent in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have steadily slowed price increases across the economy. The inflation figure the […]

Dominican Republic among countries least affected by regional inflation

The Dominican Republic is one of the countries in Central America and the Caribbean least impacted by inflation in the cost of essential food products, according to the latest report from the General Directorate of Consumer Protection of Honduras. The report was released by the National Institute for the Protection of Consumer Rights (Pro Consumidor) […]


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