The Inflation Rate was 1.9% for the second Quarter of 2025

The second quarter inflation rate was 1.9 percent, and among the main contributors was an 8.4 percent rise in the restaurant and hotels division. The upward movement of restaurants and hotels was primarily due to a significant rise in the index for restaurants, cafes and the like, 10.2 percent, as well as a 3.0 percent increase in the price of accommodation services (local and abroad).

There was also an 8.0 percent upward movement in communication, a 7.2 percent rise in education, 4.6 percent in clothing and footwear, 3.4 percent in health, 3.1 percent increase in food and non-alcoholic beverages, 2.6 percent in alcoholic beverages and tobacco, 1.2 percent in recreation and culture, 4.1 percent in transport, furnishings, household equipment, 0.8 routine household maintenance and 0.3 percent in miscellaneous goods and services.  Housing and utilities declined by 1.6 percent.

A comparison of the second quarter of 2025 with the first quarter of 2025 indicates that the CPI increased by 0.1 percent, as the index for communication went up by 5.7 percent. The upward movement of communication is due to the 6.0 percent increase in telephone and telefax services and the 3.2 percent increase in telephone and telefax equipment.

There was also an increase in clothing and footwear (2.3%), restaurants and hotels (1.2%), education (0.7%), alcoholic beverages and tobacco (0.5%), housing and utilities (0.5%) and miscellaneous goods and services (0.4%). Transport (2.8%), food and non-alcoholic beverages (0.3%) and health (0.1%) declined over the quarter. 

More information from the Cayman Islands’ Consumer Price Index Report: April to June 2025 may be downloaded from www.eso.ky