Guam – The Guam Consumer Price Index [CPI] fell -0.9% in the 3rd Quarter of this year compared to the same period last year.
Unfortunately, the price of food did not decrease. It is up 2.9% over the same period last year. Both beef and poultry prices have lead the way up with the cost of beef surging 13.1% over last year. Poultry prices are up 12.5%.
However both housing and transportation prices have falled. The cost of Housing is down -1.4% from last year. And transportation costs are down by -7.4%.
READ the Bureau of Statistics and Plans’ CPI Report for 2013 Q3 HERE
Highlights from the Q3 CPI report:
FOOD GROUP: UP 2.9%
Beef: UP 13.1%
Poultry: UP 12.5%
Dairy products UP 1.2%
Eggs: DOWN -0.8%
Seafood DOWN 11.8%
Fresh Fruits UP 3.8%
Fresh Vegetables: UP 0.6%
Fats and Oils: UP 10.5%
TRANSPORTATION GROUP: DOWN -7.4%
New Cars: DOWN 10.7%
Motor Fuel: DOWN -3.1%
HOUSING GROUP: DOWN 1.4%
Rent and Lodging: DOWN -0.6%
Electricity: DOWN -5.8%
Water, Sewage & Trash UP 0.8%
