The consumer price index for Sint Maarten has decreased in the month of April 2016 by 0.3 percent compared to that of February 2016.

When comparing average consumer prices over a twelve month period (April 2015 to April 2016), a decrease of 113.3 percent was recorded compared to the same period one year earlier. The current level of deflation (-0.2%) is comparable to that recorded in January 1986 (-0.3%).

The Consumer Price Index for Sint Maarten has decreased in the month of February 2016 by 0.2 percent compared to December 2015.

When comparing average consumer prices over a twelve month period (Feb. 2015 to Feb. 2016), a decrease of 0.1 percent was recorded compared to the same period one year earlier. This is the first time that deflation was recorded on Sint Maarten since February 1986.

When comparing average consumer prices over a twelve month period (Dec. 2014 to Dec. 2015), an increase of 0.3 percent was recorded compared to the same period one year earlier. Inflation has shown an overall decline in 2015 (0.3%) compared to the rate of inflation recorded in 2014 (1.9%). This is also notable in the major expenditure categories; ‘Housing’ and ‘Transport & Communication’, which both recorded significant declines in the rate of inflation approximately 187% and 136% respectively compared to that of
2014; whilst the major expenditure category ‘Food’ recorded inflation of approximately 10 percent higher than that of 2014. Most notably is that four of the nine expenditure categories recorded deflation in December 2015, which largely contributed to the significantly lower annual inflation rate for 2015.