The quick estimates are not suitable for use for indexing. Therefore, no index figures are published. The changes of the quick estimate are marked as preliminary.
Currently, the quick estimates are only made for Bonaire. For Sint Eustatius and Saba, the source material is currently insufficient for a quick estimate.
The annual change of the CPI is an important indicator for inflation. The annual change is calculated as the percentage change of the CPI in the reporting quarter compared to the same quarter a year earlier.
For the two consecutive quick estimates for Bonaire, the data from the first respectively the first two months are used.
Currently, the quick estimates are only made for Bonaire. For Sint Eustatius and Saba, the source material is currently insufficient for a quick estimate.
What is the CPI?
The quarterly publication of price development of goods and services that consumers purchase on the islands of Bonaire, Sint Eustatius, and Saba. These three islands together form Caribbean Netherlands. Price development is represented as a price index: the consumer price index (CPI).The annual change of the CPI is an important indicator for inflation. The annual change is calculated as the percentage change of the CPI in the reporting quarter compared to the same quarter a year earlier.
What kind of research is being done?
The research is based on monthly price observations at companies and institutions that provide goods and services to consumers. The monthly price observation is used to calculate average prices per quarter. Based on these average prices, the price index figures of goods groups are calculated. The price index figures of the goods groups are weighted and aggregated into the total consumer price index.For the two consecutive quick estimates for Bonaire, the data from the first respectively the first two months are used.