Written by 4:22 am Food

CSO: Food prices decrease again


Customers shop at a grocery in east Trinidad. Photo by Angelo Marcelle

THE retail price index (RPI) provided by the Central Statistical Office has marked one more decrease in inflation as food prices for March go down.

The inflation rate for March in line with the RPI was 7.7 per cent, marking a decrease from 8.0 per cent in February. Nonetheless, it noted that the inflation rate for a similar period was at 4.1 per cent.

Food and non-alcoholic beverages decreased from 147.8 price points in February to 146.1 in March – a 1.2 per cent decrease.

The CSO said the costs of pumpkin, tomatoes, melon, hot peppers, cabbage, melongene, carrots, pimento, parboiled rice and celery went down while the costs of chilled or frozen beef, fresh beef, chilled or frozen pork, cucumber, onions, oranges, table margarine, grapes, corn and plantains went up.

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