Inflation/Prices


The household survey has been the basis for calculating the consumer price indices since 1974. At present, the Central Bureau of Statistics Curaçao calculates Consumer Price Indices based on the latest household expenditure survey, held in 2015/2016 for Curaçao.Prices of goods and services are constantly subject to change for various reasons. Price indices aim at providing a summary overview of these changes.

The Consumer Price Index reflects the changes in the prices of a basket of goods and services as consumed by family households in a certain base period. The Consumer Price Index is widely used as an indicator of inflationary trends in the economy and serves as a cost-of-living index.

For older data regarding the theme Inflation/Prices please visit our online digital library by clicking here CBS Home - Consumer Price Index

Key indicators

 

2021

2022

2023

Inflation (%)3.87.43.5
CPI 12 month average 106.0113.8117.9

Press releases

The press releases of the previous years are available here CBS - Press Release CPIC 2011-2022

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden april tot en met augustus 2024

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden januari tot en met maart 2024

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden november en december 2023 en
    inflatiecijfer 2023

   De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden september en oktober 2023
 
   De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden juli en augustus 2023

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maand juni 2023

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maand mei 2023

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maand april 2023

    De ontwikkeling van de consumentenprijzen op Curaçao voor de maanden januari tot en met maart 2023

Classification

Classification of Individual Consumption by Purpose (COICOP)

The Classification of individual consumption by purpose, abbreviated as COICOP, is a classification developed by the United Nations Statistics Division to classify and analyse individual consumption expenditures incurred by households, non-profit institutions serving households and general government according to their purpose. It includes categories such as clothing and footwear, housing, water, electricity, and gas and other fuels (Wikipedia). For more information please click on this link COICOP.