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.

The Department of Statistics (STAT) issued today, its preliminary results of economic developments as measured

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.

The consumer price index for Sint Maarten has increased in the month of April 2013 by 0.5 percent compared to that of February 2013. 

When comparing average consumer prices over a twelve month period (Apr. 2012 to Apr. 2013), an increase of 2.9 percent was recorded compared to the same period one year earlier. The rate of inflation has eased significantly; following an all-time high of 5.5 percent in April 2012. Inflation in Food continue to ease (8.4 percent), declining 5.6 percentage points in 8 months.