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

 201920202021
Inflation (%)2.62.23.8
CPI 12 month average 100.0102.2106.0

Articles and Publications

You can view the articles of the previous years in our online digital library CBS Home - Consumer Price Index

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(external link).