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Consumer prices Sint Maarten June 2017 Prices have increased compared to April 2017.

The Consumer Price Index for Sint Maarten has increased in the month of June 2017 by 0.5 percent compared to that of April 2017. When comparing average consumer prices over a twelve month period (June
2016 to June 2017) an inflation rate of 1.4% is recorded. This is evident from the data released by the Department of Statistics (STAT) today.

Price changes between June and April 2017

The Consumer Price Index for Sint Maarten has increased in the month of June 2017 by 0.5 percent compared to that of April 2017. The price index recorded in June 2017 is 129.3

expenditurestats17082017

Expenditure Categories – overall increase
In June 2017, five of the nine expenditure categories recorded positive percentage changes (prices increased), one was negative (price decreased) and three remained stable. Prices increased in: ‘Food’ (+2.1%), ‘Household Furnishing & Appliances’ (+0.4%), ‘Transport & Communication’ (+0.3%), ‘Recreation & Education’ (+0.7%) and ‘Miscellaneous’ (+0.1%). Whereas, a decrease was recorded for the expenditure category ‘Clothing & Footwear’ (-0.1%). The expenditure categories: ‘Beverages & Tobacco’, ‘Housing’ and ‘Medical Care’ remained constant.

Food

FOOD EXPENDITURE CATEGORY
10% of CPI

foodprices17082017

Within the Food category, seven of the nine sub groups became more costly, while two were less expensive. The following groups recorded increases: Meat and Fish (+3.3%), Fats & Oils (+0.4%), Dairy Products (+1.7%), Potatoes, Vegetables & Fruits (+4.3%), Sugar & Chocolate (+1.0%), Eating-out (+1.5%) and Other Food Resources (+1.4%), while Grain (-0.7%) and Pre-cooked Dishes (-2.2%), became cheaper.

More specifically, certain products within the Food subgroups largely influenced the total price change of the Food category. Hence, the group ‘Grain’ was influenced by white rice (-3.5%), cornflakes and rice flakes (-2.3%) and spices (-13.3%). The group ‘Meat & Fish’ was impacted most by: beef (+24.3%), pork chops (-3.8%), spareribs (+3.9%), Ham (+21.9%), chicken & chicken organs (+0.9%), pigtail (-7.4%) and canned salmon (+12.5%). The largest influence of the ‘Dairy Products’ was eggs (+3.3%).
The price change of the subgroup ‘Potatoes, Vegetables & Fruits’ was largely due to:
Fresh potatoes (-9.8%), leafy greens (-8.2%), cole crops (+6.8%), garlic and onions (-1.8%), sweet peppers (-2.9%), other fruit vegetables (-7.2%), fresh culinary herbs.(+31.1%), apples and pears (+4.3%), grapes and prunes (+2.8%), oranges (+6.4%), plantain (+5.0%), fresh fruit n.e.c3 (+38.3%), and raisins and currants (+9.7%).

Housing

HOUSING EXPENDITURE CATEGORY
39% of CPI

housingstats17082017

Within the Housing category, it was noted that three of the five product groups became more expensive, one became less expensive and one remained stable. The product groups: ‘Maintenance of Dwelling’, ‘Garden Maintenance’ and ‘Dwelling Costs’ increased by +0.4%, +0.2% and +0.4% respectively, while there was a drop in ‘Energy Expenses’ (-1.6%).
A decrease in the consumer price of electricity by 1.9 % largely influenced the total price change within the product group ‘Energy Expenses’, while ‘Maintenance of Dwelling’ was impacted most by blocks, water pipes and faucets (+1.5%).

Transport & Communication

TRANSPORTATION AND COMMUNICATION EXPENDITURE CATEGORY
20% of CPI

communication17082017

 

Of the four product groups within the Transport & Communication category, only ‘Vehicle Expenses’ recorded a price change, namely an increase of 1.4%. This group was influenced by engine parts (+3.7%), car tires (-4.4%), car batteries (+6.0%), gasoline (+4.3%) and extra expenses (-11.1%).

Sint Maarten Consumer Price Index a Broader Perspective

Though the trend over the past 3-year period depicts gradual increasing consumer prices, we note that prices have steadily declined during the period August 2015 through to April 2016; this is evident in the bar chart below. However, thereafter up to the current period (June 2017), there is a steady increase of the index, despite the slight drop in February 2017. Thus, over the last 3 years, consumer prices have shown some volatility, but seem to be gradually increasing.

consumerprices17082017

3-year Overview
The trend line below indicates that inflation on Sint Maarten over the prior 3-year period has been declining. It can be noted however, that the rate of inflation since December 2016 has gradually began to increase, recording 1.4% in June of this year.

inflation17082017

Inflation Sint Maarten April 2017
The 12-month average of consumer prices in June 2017 is 1.4% higher than one year ago. This represents an increase of 1.7 percentage points when compared to average prices in the same period last year.

Inflation on Sint Maarten for the Major Expenditure Categories
Inflation for the Major Expenditure Categories.

inflationannual17082017

There are nine Household Expenditure Categories used to calculate the CPI. Three of these account for 69% of the total household expenditure: Housing (39%), Transportation & Communication (20%) and Food (10%).
Analysis of the monthly figures of these categories showed that inflation has steadily decreased in the Food category, but is now showing an increase. Deflation has been maintained in the Transport & Communication category. It should be highlighted that the average price development in the Housing category during the last six months have recorded inflation.
The monthly developments amongst the three major expenditure categories are illustrated in the bar chart above.

 

 

 


Relocation of Ministry of Education, Culture, Youth and Sport Offices to the New Government Building

PHILIPSBURG (DCOMM):--- The Division for Educational Innovation, would like to inform the general public that the following offices that fall under the Ministry of Education, Culture, Youth, and Sports, will be relocated to the new Government Building at Soualiga Road on Pond Island.

The relocation takes place during the week of Monday, August 21 to Friday, August 25.

The four offices that will be relocated from the current location at Vlaun Office Park to the new Government Building are Department of Education, Culture, Youth and Sport; Department of Culture; Department of Sport; and Department of Youth.

The fifth office which is currently located next to Compass Insurances, the Division Educational Innovation, will also be relocated during the course of next week to the Government Building on Pond Island.

During this period, communication to the above-mentioned offices will be at a minimum in order to facilitate staff to prepare for the move and to set-up at their new location.
The five offices will re-open as of Monday, August 28. Once set-up has been complete, the Division for Educational Innovation, will inform the public about the new telephone contact numbers.

The division apologizes for any inconvenience caused and looks forward to their continued and improved services at their new and professional offices at the new Government Building on Pond Island.

Relocation of Ministry of Education, Culture, Youth and Sport Offices to the New Government Building

PHILIPSBURG (DCOMM):--- The Division for Educational Innovation, would like to inform the general public that the following offices that fall under the Ministry of Education, Culture, Youth, and Sports, will be relocated to the new Government Building at Soualiga Road on Pond Island.

The relocation takes place during the week of Monday, August 21 to Friday, August 25.

The four offices that will be relocated from the current location at Vlaun Office Park to the new Government Building are Department of Education, Culture, Youth and Sport; Department of Culture; Department of Sport; and Department of Youth.

The fifth office which is currently located next to Compass Insurances, the Division Educational Innovation, will also be relocated during the course of next week to the Government Building on Pond Island.

During this period, communication to the above-mentioned offices will be at a minimum in order to facilitate staff to prepare for the move and to set-up at their new location.
The five offices will re-open as of Monday, August 28. Once set-up has been complete, the Division for Educational Innovation, will inform the public about the new telephone contact numbers.

The division apologizes for any inconvenience caused and looks forward to their continued and improved services at their new and professional offices at the new Government Building on Pond Island.

Two Arrested in Gold Star armed Robbery.

PHILIPSBURG:--- On Thursday, August 17, around 1:30 pm the Central Dispatch received a call about an armed robbery that took place at Gold Star Jewelry, located on Front street The bike patrol was immediately informed and at the venue they were told that a lone gunman entered the establishment and threatened the owner, demanding gold and money. After he committed the crime, he fled on foot with an undisclosed amount of money and jewelry.
One of the officers saw a man who fit the description of the suspect, who at the time was accompanied by another man, who was behaving quite suspicious. He asked for assistance from the bike patrols and the main suspect and the other man were both arrested and brought to the Police Station. They will remain in Police custody for further investigation.

KPSM Press Release.

More Movement for the Elderly this Saturday at St. Martin’s Home

PHILIPSBURG (DCOMM);--- More Movement for the Elderly, will take place on Saturday, August 19.

Senior citizens are invited to the St. Martin’s Home which is located at St. John’s Estate road #6 for More Movement for the Elderly Fitness.

To stay healthy or to improve health, older adults need to do two types of physical activity each week: aerobic and muscle-strengthening activity.

Older adults aged 60 or older, who are generally fit and have no health conditions that limit their mobility, should try to be active daily.

The activity has been organized and coordinated over a one-year period by Collective Prevention Services (CPS), a department from the Sint Maarten Ministry of Public Health, Social Development and Labour, the White and Yellow Cross Care Foundation (WYCCF), Windward Islands Physical Therapist Association (WIPTA) and I&I Fitness.

The Saturday activity is being coordinated by WIPTA from 10.30AM to 12.00PM at the aforementioned address.

It's recommended that adults aged 60 or older do at least 150 minutes (2 hours and 30 minutes) of moderate-intensity aerobic activity such as cycling or fast walking every week, and muscle-strengthening activities that work all major muscle groups (legs, hips, back, abdomen, chest, shoulders and arms).

Some activity, however light, is better for your health than none at all.


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