The Central Statistical Office (CSO) reported yesterday that there was an increase in the rate of inflation in April 2025.
In the CSO’s Consumer Price Index (CPI) for the month of April 2025, it was noted that the inflation rate for the month, which measures the percentage change in the all items index for the month of April 2025 over April 2024, was 1.5 per cent.
The CSO said, “This represents an increase from 1.0 per cent for the previous period (March 2025/March 2024). The inflation rate for the comparative period (April 2024/April 2023) was 0.5%.”
The release continued, “The all items index calculated from the prices collected for the month of April 2025 was 125.2, representing an increase of 0.2 point or 0.2 per cent above the all items index for March 2025.”
Between April 2024 and April 2025, food and non-alcoholic beverages increased 4.7 per cent, while alcoholic beverage and tobacco were up by 3.3 per cent.
The release however stated the index for food and non-alcoholic beverages decreased from 153.4 in March 2025 to 152.9 in April 2025, reflecting a decrease of -0.3 per cent.
The release explained that this decrease was due to the general downward movement in the prices of fresh whole chickens, hot peppers, tomatoes, cabbage, cucumber, fresh king fish, plantains, full cream powdered milk, pimento and melongene.
The CSO however stated, “The full impact of these price decreases was offset by the general increase in the prices of pumpkin, irish potatoes, garlic, fresh steak, table margarine, cheddar cheese, oranges, parboiled rice, ochroes and onions.”
The notice closed, “A further review of the data for April 2025 compared with March 2025 reflected increases in the sub-indices:
* Alcohol and tobacco of 0.7 per cent;
* Home ownership of 0.7 per cent;
* Rent of 0.7 per cent;
* Health of 0.3 per cent;
* Transport of 0.4 per cent;
* Recreation and culture of 0.1 per cent;
* Hotels, cafes and restaurants of 0.6 per cent; and
* Miscellaneous goods and services of 0.2 per cent.
This period also showed a decrease in the sub-index for furnishings, household equipment and routine maintenance of the house of -0.4 per cent.
All other sections remained unchanged.
The Consumer Price Index is a weighted average of the proportionate changes in the prices of a specified set or ‘basket’ of consumer goods and services between two periods of time. The CPI monitors the prices of a fixed basket of goods and services in 15 areas (locale) in Trinidad and Tobago. Monthly price surveys are conducted in groceries, shops and local markets for food and petroleum items. Price are collected quarterly for other items that are not as variable.