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Retail Price Index (RPI)

The Retail Price Index (RPI) is a tool that helps us understand how the prices of everyday items change over time in Trinidad and Tobago. Imagine you have a shopping basket filled with various items people commonly buy, like food, gas, and other services. The RPI keeps track of how the prices of these items in the basket change each month.

To do this, experts regularly check the prices of these items in fifteen (15) different areas across Trinidad and Tobago. They visit local stores, markets, and gas stations to note the current prices of food and gas, which tend to change often. For items whose prices do not change as quickly, they check the prices every three (3) months. This way, the RPI gives a clear picture of how much more or less it costs to buy the same set of items over time.

Data and Resources

Additional Info

Field Value
Source https://cso.gov.tt/subjects/economic-indicators/retail-price-index-rpi/
Version 1.0
Last Updated November 21, 2023, 21:38 (AST)
Created September 28, 2023, 09:46 (AST)
Level of Detail (Geographical) Country level only
Level of Detail (Temporal) Monthly
Ownership Central Statistical Office
Prepared By Central Statistical Office
Privacy Policy https://cso.gov.tt/privacy-policy/
Publication Cycle Monthly
Publication Date August 2023
Terms and Conditions Not Stated
Terms of Use https://cso.gov.tt/terms-of-use/
Useful Software Tools List of Office and Productivity Tools :- LibreOffice Calc: https://www.libreoffice.org/download/download-libreoffice/, Google Sheets: https://www.google.com/sheets/about/, WPS: https://www.wps.com/wpsdocs/, Apache OpenOffice Calc: https://www.openoffice.org/download/, Gnumeric: http://www.gnumeric.org/download.html
Useful Software Tools Note Information about software tools is provided for informational purposes only and does not constitute any endorsement of any particular tool on the part of the Ministry. The absence of any specific tool from the lists provided also does not include any negative review or rejection of such tool on the part of the Ministry. These tools have not been evaluated for security or specific fitness, and it shall be the user's sole responsibility to make such evaluations.
Year Coverage 2015 to 2023