News

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2017 amounted to CI$207.8 million. This is lower by CI$4.3 million compared the same period in 2016.   The decline is attributed to a 6.1 per... READ MORE

The CPI increased by 1.7 percent compared to the same quarter a year ago. The main contributors to this movement were the 9.0 percent rise in the index for restaurants and hotels, clothing and footwear that went up by 4.7 percent, and recreation and... READ MORE

In 2016, the total value of goods imported into the Cayman Islands grew by 2.8 percent to reach CI$854.2 million, compared to CI$830.9 million recorded in 2015. The growth in the value of imports was largely driven by non-petroleum imports, which... READ MORE

Business and non-profit organizations have until end of business day Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Natio... READ MORE

The task of compiling a new Consumer Price Index (CPI) “basket” was recently completed.  The basket consists of goods and services that are monitored regularly to measure the general consumer price level and inflation rate in the Cay... READ MORE

Business and non-profit organizations have until the end of business Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Natio... READ MORE

The total number of persons employed in the Cayman Islands increased to an estimated 40,411 in the October 2016 Labour Force Survey, up from 39,138 persons in the October 2015 survey, a 3.3% increase. The total number of persons comprising the Lab... READ MORE

The Economics and Statistics Office (ESO) will commence the Labour Force Survey (LFS) for Spring 2017 on Sunday (March 5th). The LFS seeks to collect data on the employed and unemployed persons in the Cayman Islands, as well as those who are not i... READ MORE

The average Consumer Price Index (CPI) declined by 0.6 percent in 2016.  The CPI for the first and second quarters declined by 2.8 and 0.8 percent, respectively, which outweighed the small growth in the last two quarters. “The decrease... READ MORE

The Cayman Islands’ economy grew by an estimated 2.8 percent in the first nine months of 2016, higher than the 2.6 percent recorded for the corresponding period of 2015. “The continued improvement in growth is supported by a growing st... READ MORE