News

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

The Cayman Islands’ System of National Accounts Report 2015 which presents the economic performance of the various industries contributing to the country’s Gross Domestic Product (GDP) is released today. The GDP estimate for 2015 based... READ MORE

The average prices of goods and services consumed by households in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased in the third quarter of 2016 by 0.5% compared to the same period in 2015. This is the first time that the... READ MORE

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2015 was released today. The report presents statistical summaries of the economic and financial transactions between residents of the Cayman Islan... READ MORE

The Cayman Islands’ economy grew by an estimated 3.0% in the first six months of 2016, as the first quarter growth of 2.4% further strengthened to 3.2% in the second quarter. "I am pleased to note that growth in the first half of 2016 i... READ MORE