        
Trade and Prices Department
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Head: Ms. Maxine Bentt
mbentt@statisticsguyana.gov.gy
(592)225-9070 / (592)227-1155
Prices Section
| Function: This section's main function is the compilation and publication of Consumer Price Indices using prices collected from the urban centres of Guyana. |
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Consumer Price Indices are used for monitoring of changes in prices of a commodity basket. The items, which make up the baskets used by the Bureau, were selected after the completion of a Household Budget Survey (HBS) in 2005/6. The Georgetown basket consists of two hundred and seventeen (217) items (goods and services), which are further categorised in nine (9) groups.
The Georgetown Consumer Price Index (CPI) is the main tool used by the Government to measure the rate of inflation, and is also used by trade unions, international organisations and members of the public for monitoring changes in prices.
Data collection: Prices are collected on many items ranging from consumer items such as food and beverages to hardware. For the compilation of the Georgetown Consumer Price index prices are collected weekly from five (5) markets, and monthly (15th of each month to the end of the month) from one hundred and ten (110) outlets such as supermarkets, stores, gas stations, hospitals, restaurants, eating houses etc.
The index is published quarterly and is distributed to all stakeholders; this is known as the Georgetown Consumer Price Index.
Georgetown Inflation Rate & Index for the period 1994 - 2016 Downloads available here: Georgetown Inflation Rate & Index for the period 1994 - 2016
Urban Consumer Price Index (Jul.
2017) - Georgetown
Dec 2009 = 100
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2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2016 |
2017 |
2017 |
%Change |
|
ITEM |
DEC |
DEC |
DEC |
DEC |
DEC |
JUNE |
DEC |
JUN |
JUL |
DEC'16 JUL'17 |
JUN'17 JUL'17 |
JUL'16
JUL'17 |
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|
|
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ALL ITEMS |
107.9 |
111.6 |
112.6 |
113.9 |
111.9 |
113.0 |
113.5 |
114.7 |
115.1 |
1.4 |
0.3 |
2.0 |
| Food |
113.3 |
124.0 |
124.1 |
126.7 |
125.4 |
129.4 |
130.7 |
133.7 |
134.9 |
3.2 |
0.9 |
4.7 |
| Clothing |
101.8 |
98.0 |
98.4 |
99.3 |
98.5 |
97.7 |
95.4 |
95.1 |
94.2 |
-1.3 |
-1.0 |
-1.5 |
| Footwear & Repairs
|
103.5 |
104.6 |
89.8 |
96.1 |
96.3 |
95.9 |
94.0 |
93.9 |
94.0 |
0.0 |
0.1 |
-0.4 |
| Housing |
100.4 |
100.7 |
100.8 |
100.6 |
98.8 |
98.7 |
98.8 |
98.9 |
98.8 |
0.0 |
-0.1 |
0.1 |
| Furniture |
101.2 |
100.6 |
95.9 |
95.4 |
91.8 |
91.5 |
91.3 |
91.8 |
91.8 |
0.5 |
0.0 |
0.2 |
| Transport &
Communication |
115.5 |
114.6 |
121.9 |
121.2 |
117.2 |
122.3 |
116.7 |
117.2 |
117.3 |
0.5 |
0.1 |
0.4 |
| Medical & Personal
Care |
101.3 |
111.7 |
116.0 |
121.6 |
122.2 |
122.3 |
123.5 |
126.2 |
126.8 |
2.7 |
0.5 |
3.3 |
| Education,
Recreational and Cultural Services |
98.7 |
98.4 |
96.9 |
98.7 |
95.1 |
95.2 |
94.7 |
97.7 |
97.7 |
3.2 |
0.0 |
2.6 |
| Miscellaneous Goods &
Services |
107.0 |
111.0 |
112.8 |
120.9 |
120.9 |
120.7 |
120.9 |
120.0 |
119.1 |
-1.5 |
-0.8 |
-1.3 |
Urban Consumer Price Index (Jun.
2017) - Georgetown
Dec 2009 = 100
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| |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2016 |
2017 |
2017 |
%Change |
ITEM |
DEC |
DEC |
DEC |
DEC |
DEC |
MAY |
DEC |
MAY |
JUN |
DEC'16 JUN'17 |
MAY'17 JUN'17 |
JUN'16
JUN'17 |
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ALL ITEMS |
107.9 |
111.6 |
112.6 |
113.9 |
111.9 |
111.7 |
113.5 |
114.2 |
114.7 |
1.1 |
0.4 |
1.4 |
| Food |
113.3 |
124.0 |
124.1 |
126.7 |
125.4 |
125.4 |
130.7 |
132.4 |
133.7 |
2.3 |
1.0 |
3.3 |
| Clothing |
101.8 |
98.0 |
98.4 |
99.3 |
98.5 |
98.2 |
95.4 |
96.3 |
95.1 |
-0.4 |
-1.3 |
-2.7 |
| Footwear & Repairs |
103.5 |
104.6 |
89.8 |
96.1 |
96.3 |
96.7 |
94.0 |
94.4 |
93.9 |
0.0 |
-0.4 |
-2.0 |
| Housing |
100.4 |
100.7 |
100.8 |
100.6 |
98.8 |
98.3 |
98.8 |
98.9 |
98.9 |
0.1 |
0.0 |
0.2 |
| Furniture |
101.2 |
100.6 |
95.9 |
95.4 |
91.8 |
91.7 |
91.3 |
91.7 |
91.8 |
0.6 |
0.1 |
0.3 |
| Transport &
Communication |
115.5 |
114.6 |
121.9 |
121.2 |
117.2 |
116.0 |
116.7 |
117.3 |
117.2 |
0.4 |
-0.1 |
-4.1 |
| Medical & Personal
Care |
101.3 |
111.7 |
116.0 |
121.6 |
122.2 |
122.3 |
123.5 |
126.4 |
126.2 |
2.1 |
-0.2 |
3.2 |
| Education,
Recreational and Cultural Services |
98.7 |
98.4 |
96.9 |
98.7 |
95.1 |
95.2 |
94.7 |
95.8 |
97.7 |
3.1 |
2.0 |
2.6 |
| Miscellaneous Goods &
Services |
107.0 |
111.0 |
112.8 |
120.9 |
120.9 |
121.0 |
120.9 |
119.9 |
120.0 |
-0.7 |
0.1 |
-0.6 |
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| Population |
746,955 (Census 2012) |
| Size |
214,970 square km |
| Location |
Between 1o & 9o North Latitude and 57o & 61o West Longitude |
| Time Zone |
GMT - 04:00 |
| Currency |
Guyana Dollar (G$) |
| Per capita GDP 2015 at basic prices |
US$3,724.00 |
| Nominal GDP 2015 |
G$653,836 million |
| Real GDP 2015 |
G$441,105 million |
| Inflation Rate |
Dec '16 - Jul. '17:
1.4
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| Average Exchange Rate (Mid Rate)
|
Jun '17:
G$211.76 to US $1
Jul
'17:
G$212.52 to US $1
Aug '17:
G$211.86 to US $1 |
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