The Guam Bureau of Statistics and Plans is pleased to release the 2007 3rd Quarter Consumer Price Index.
Guam Consumer Price Index (CPI)
3rd Quarter 2007
Volume No. XXXIII, 3
The Guam Consumer Price Index (CPI) of 144.46 for 3rd Quarter 2007 shows a decrease of 0.50 percent over the preceding quarter and an increase of 5.59 percent when compared to the same period one year earlier. Further comparison shows that a market basket of goods and services costing $100.00 in October 1996 (base period), now cost $144.46.
The 3rd Quarter 2007 index was based on 1,628 price observations of which 517 or 31.76 percent remained unchanged, 91 or 5.59 percent increased, 45 or 2.76 percent decreased, and 975 or 59.89 percent were not available.
The largest decrease over the preceding quarter was for the Apparel and Upkeep group. The Apparel and Upkeep group index of 86.60 shows an decrease of 4.98 percent over the preceding quarter and 9.39 percent when compared to the same period one year earlier. The Boys and Men Apparel sub-category shows a decrease of 7.34 percent over the preceding quarter and 11.39 percent when compared to the same period one year earlier.
The Food & Beverages group index of 171.09 shows a decrease of 2.53 percent over the preceding quarter and 0.4 percent when compared to the same period one year earlier. The Fruits and Vegetables subcategory shows a decrease of 10.73 percent over the preceding quarter and 15.71 percent when compared to the same period one year earlier. The Meats, Poultry and Fish sub-category, however, shows an increase of 2.43 percent over the preceding quarter and 14.75 percent when compared to the same period one year earlier. The increase over the preceding quarter was due to price increases in all Meat, Poultry and Fish products, except for canned meats. The Beverage sub-category shows a decrease of 2.6 percent over the preceding quarter and an increase of 5.57 percent when compared to the same period one year earlier.
The Medical Care group index of 581.21 shows an increase of 0.28 percent over the preceding quarter and 39.56 percent when compared to the same period one year earlier. The Housing group index of 93.04 shows an increase of 0.11 percent over the preceding quarter and 4.47 percent when compared to the same period one year earlier.
The Entertainment, Transportation and Other Goods and Services groups show an increase over the previous quarter of 0.32, 0.42 and 5.04 percent, respectively..
