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Curaçao prices hold steady in August but remain higher than last yearPhoto: Nu.cw
BusinessCuraçao

Curaçao prices hold steady in August but remain higher than last year

Source: Nu.cw·45 minutes ago·Curaçao·1 min read

Consumer prices on Curaçao were unchanged in August compared to July, according to new data from the Central Bureau of Statistics (CBS). While the month-over-month inflation rate was flat at 0%, the cost of living on the island remains elevated compared to the same period last year. This means residents are still feeling the cumulative pressure of price increases that built up over previous months. The stability in August offers some short-term relief, but does not reverse the broader trend of higher living costs that has persisted into 2024. The CBS figures serve as a key economic indicator for policymakers and households navigating budgets on the island.

Key Facts
  • Consumer prices in Curaçao were flat in August, showing no change from July.
  • Year-over-year, the cost of living remains higher than it was at the same point last year.
  • The data was published by the Centraal Bureau voor de Statistiek (CBS) of Curaçao.
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