‘Food-related inflation impacts prices’

Food-related inflation has contributed significantly to price increases in Barbados over the past two years.

That is the conclusion of a Central Bank of Barbados analysis, based on Retail Price Index (RPI) information from the Barbados Statistical Service.

However, the monetary authority says this upward price movement was tempered by other categories of the RPI, including those influenced by lower international fuel prices. 

The RPI tracks changes in the prices of a fixed basket...