*Data Extracted from the Statistical Institute of Jamaica website
Inflation is calculated as the change in the Consumer Price Index (CPI). The CPI is defined by STATIN (the Statistical Institute of Jamaica) as a basket of goods typically purchased by the Jamaican consumer and can therefore be used as a reliable indicator of the movement of prices in Jamaican society.
The prices vary from town to town, parish to parish, but the monthly percentage changes in this chart are a national indicator. The methods used by STATIN are continuously updated in order to maintain international standards.
The Image illustrates the monthly changes in inflation from January 2012 to October 2013.
The Motion Chart tracks the change in inflation for January 2012 to October 2013. Click on the circle that you would like to track on the motion chart before pressing play to begin the animation. This will allow you to track the change over time.