Inflation unchanged on Bonaire and Saba, higher on St Eustatius

Garage on Bonaire
© CBS
In the third quarter of 2024, consumer goods and services on Bonaire were 2.5 percent more expensive than one year previously. Inflation also stood at 2.5 percent in the previous quarter. This is reported by Statistics Netherlands (CBS) on the basis of the consumer price index for the Caribbean Netherlands. On St Eustatius, year-on-year prices rose by 3.1 percent, while in Q2 2024 they rose by 2.5 percent. Inflation on Saba stood at 2.0 percent in Q3 2024, equal to Q2.

Inflation Caribbean Netherlands
Groep x-as labelX-as labelBonaire (year-on-year CPI % change)St Eustatius (year-on-year CPI % change)Saba (year-on-year CPI % change)
2015Q1-0.6-1.11.5
2015Q2-0.9-1.70.9
2015Q3-0.9-0.5-0.4
2015Q4-1.2-0.7-0.1
2016Q10.50.40.3
2016Q20.4-0.10
2016Q30.6-0.90.2
2016Q40.50.2-0.3
2017Q10.11.1-1
2017Q20.42.6-1
2017Q30.62.1-1.3
2017Q41.21.82.5
2018Q13.922.9
2018Q231.23.2
2018Q33.51.14.4
2018Q43.41.10
2019Q10.70.70.6
2019Q21.10.40.5
2019Q1.20.70.3
2019Q42.210.8
2020Q111.20.4
2020Q-1-0.8-0.8
2020Q3-4.8-3.3-1.6
2020Q4-5.2-3.2-0.8
2021Q1-3.2-4.1-1.3
2021Q20.3-1.21
2021Q34.32.43.2
2021Q45.72.74
2022Q19.24.96.7
2022Q29.47.78.2
2022Q312.299.7
2022Q48.19.19.7
2023Q14.587
2023Q24.63.35.2
2023Q31.902.8
2023Q44.1-1.41.2
2024Q13.4-0.41.9
2024Q22.52.52
2024Q32.53.12
2024

Prices on Bonaire 1.1 percent higher than previous quarter

Prices on Bonaire were up by 1.1 percent in Q3 compared with Q2 2024. Education became 19.4 percent more expensive, as several courses increased in price. Prices for airline tickets were also more expensive, rising by 9.7 percent, while prices for clothing and footwear fell by 0.3 percent compared with Q2.

Prices on St Eustatius up by 1.0 percent on Q2

On St Eustatius, consumer prices rose by 0.1 percent compared with Q2. Airline tickets were 4.7 percent more expensive. Among food products, eggs rose in price. Prices for petrol and diesel remained stable compared with Q2.

Price increases were held back by several product groups; prices for clothing and footwear fell by 1.1 percent from Q2. Electricity was 1.8 percent cheaper this quarter and cheese also fell in price by 4.0 percent compared with Q2.

Prices on Saba up by 0.8 percent on previous quarter

On Saba, prices rose by 0.8 percent in Q3 relative to Q2 2024. Social housing prices also showed an increase. A visit to a café, pub or restaurant was 3.7 percent more expensive than in Q2. Maintenance and repair of private vehicles also became more expensive, while prices for clothing fell by 0.4 percent from Q2. Footwear showed a price reduction of 4.6 percent relative to the previous quarter.

Consumer price index (CPI) Caribbean Netherlands
JaarKwartaalBonaire (2017 = 100)St Eustatius (2017 = 100)Saba (2017 = 100)
2015Q198.897.6100.1
2015Q298.997.7100.6
2015Q399.199.2100
2015Q498.898.4100.1
2016Q199.498100.4
2016Q299.397.6100.6
2016Q399.798.3100.2
2016Q499.398.799.8
2017Q199.59999.4
2017Q299.8100.199.6
2017Q3100.4100.498.9
2017Q4100.4100.5102.1
2018Q1103.3101102.3
2018Q2102.8101.4102.8
2018Q3103.9101.5103.3
2018Q4103.8101.6102.2
2019Q1104101.8102.9
2019Q2103.9101.8103.2
2019Q3105.1102.2103.6
2019Q4106.1102.6103
2020Q1105103103.3
2020Q2102.9100.9102.4
2020Q3100.198.8101.9
2020Q4100.699.3102.2
2021Q1101.698.7102
2021Q2103.399.6103.5
2021Q3104.4101.2105.2
2021Q4106.3102106.2
2022Q1111103.6108.8
2022Q2112.9107.3111.9
2022Q3117.2110.3115.5
2022Q4115111.3116.5
2023Q1116111.8116.5
2023Q2118.2110.9117.7
2023Q3119.4110.3118.7
2023Q4119.7109.8117.9
2024Q1119.9111.4118.7
2024Q2121.2113.6120.1
2024Q3122.5113.7121.1

Provisional figures

Figures referring to Q3 2024 are provisional and will be definitive upon publication of the figures over Q4 2024.

Papiamentu

A Papiamentu translation of this news release can be obtained from Statistics Netherlands’ office on Bonaire by sending a request by email to: caribischnederland@cbs.nl