Inflation

Consumer Prices Fall In St. Kitts – Nevis

ECCB Headquarters Basseterre, St. Kitts – Nevis December 05, 2013 (CUOPM) The Eastern Caribbean Central Bank (ECCB) is reporting that preliminary data suggest that economic activity in St. Kitts and Nevis rose in the first half of 2013. This increase …

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Nevis Premier Asks For More Locally Grown Produce

Nevis' Premier Parry With Vendors

Nevis’ Premier Parry With Market Vendors

Charlestown, Nevis
April 25, 2008

“We have to look at the cost of food and the rising cost of living in general. The government has taken steps by reducing land prices and we are also taking steps in reducing duty on a number of items; but we must grow more food and find more ways and means to reduce the cost of living,” said Premier of Nevis, the Hon. Joseph Parry.

Premier Parry made the address at the Fourteenth Annual Open Day Agricultural Fair at the Villa Grounds of the Charlestown Secondary School.  He did the honours on behalf of Minister of Agriculture, Hon Robelto Hector, who was in Japan attending to government business.

Local and Taiwanese fruits and vegetables, Caribbean Cuisine and livestock will be on display on Friday, April 25th following Thursday’s formal opening. This year’s theme is “Micro Farming: The Driving force for Agriculture: Past, Present and Future.”

The Patron this year is 95 year old Mr. George Sutton of Butlers Village,  who, in his heyday, worked as an Agricultural Officer/ Supervisor at Eden Browne, Maddens, New River, Potworks and a number of other estates around the island.

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St. Kitts – Nevis Suspends Consumption Tax

St. Kitts - Nevis Locally Grown Produce

St. Kitts – Nevis Locally Grown Produce
Photo By Erasmus Williams

Basseterre, Saint Kitts – Nevis
April 23, 2008 2008 (CUOPM)

The consumption tax on a selected list of food and non-food items approved by the Cabinet last month, will be removed with effect from the first of next month, Minister of State with responsibility for Information, Sen. the Hon. Nigel Carty disclosed on Tuesday.

Minister Carty also disclosed that price control officers have been employed to ensure that the price on these food and non-food items go down so that the consumers benefit.

“Cabinet mandated that effective May 1, 2008, the consumption tax be removed from the following list: Chicken, processed cheese, pasta, corned beef, sardines, tinned tuna, vienna sausage, margarine, ketchup, diapers (for babies and adults), and baby formula. The consumption tax on these items ranges from 15 percent to 22.5 percent,’ said Sen. Carty following Monday’s Cabinet Meeting.

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St. Kitts – Nevis Removes Tax On Some Food Items

Basseterre, Saint Kitts – Nevis
April 8, 2008 (CUOPM)

Consumers in St. Kitts and Nevis will now be paying less for 10 items ranging from canned foods to corn flakes and pampers.

The St. Kitts – Nevis Government on Monday ordered the removal of consumption tax to reduce the cost of living on several food items and pampers.

Minister of State for Information, Sen. the Hon. Nigel Carty said Cabinet removed the consumption tax on chicken, cheese, pasta, canned corn beef, Raisin bran corn flakes, sardines, soyabean oil, tinned tuna, Vienna sausage, margarine, tomato ketchup and diapers for babies and adults.

“The consumption tax usually applied to these products ranges from 15% to 22.5%, hence the removal of the consumption tax will yield significant savings for consumers. Some of these items will also very shortly be subjected to a further reduction in price through the removal of another tax called the CET or the Common External Tariff,” said Minister Carty.

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