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Prices have decreased compared to April 2013

The consumer price index for Sint Maarten has decreased in the month of June 2013 by 0.1 percent compared to that of April 2013.

The rate of inflation continues to ease; when comparing average consumer prices over a twelve month period (Jun. 2012 to Jun. 2013), an increase of 2.7 percent was recorded compared to the same period one year earlier.

2012 Firest Estimates indicate 1.5% real growth in SXM Economy

The Department of Statistics (STAT) issued today, its preliminary results of economic developments as measured by the Gross Domestic Product (GDP) by production & expenditure and real growth. According to provisional figures for the past 2 years, the St. Maarten economy expanded slightly in real terms by 0.3% in 2011 and grew further by 1.5% in 2012.