PHILIPSBURG, Sint Maarten The Department of Statistics (STAT) reports a modest shift in consumer prices over the first half of 2025. The Consumer Price Index (CPI) for the first quarter (Q1) of 2025 stood at 115.02, marking a 0.21% increase from Q4 2024 (CPI: 114.79), and a 1.50% year-on-year increase compared to Q1 2024 (CPI: 113.31).

The average Consumer Price Index (CPI) for 2024 stood at 113.91, up from 109.94 in 2023. This reflects a 3.97-point increase, representing an annual Inflation Rate of 3.61%, indicating moderate but steady price growth throughout the year.

The Consumer Price Index (CPI) for the third quarter of 2024 has risen to 113.82, reflecting a 0.30% increase compared to the previous quarter. More strikingly, when comparing the third quarter of 2024 to the same period in 2023, consumer prices have surged by 4.01%, underscoring the ongoing inflationary pressures affecting the economy.

The Consumer Price Index (CPI) increased in the second quarter of 2024 to 113.49, which represented an increase of 0.16% when compared to the previous quarter. Additionally, when comparing consumer prices in second quarter of 2023 to the second quarter of 2024 the results show a notable increase of 4.41%.