Central Bank of Aruba
CENTRALE BANK VAN ARUBA
Summary of the monthly bulletin of the Centrale Bank van Aruba for
October 2005 December 9, 2005
Snip...
The Aruba Tourism Authority has
not yet published information on stay-over visitors and their nights spent on the island for July, August, September and October 2005. (Oh, I wonder why not?!!)
Data on the average occupancy rate of the
hotels for
October 2005 show a decrease of 4.9 percentage points to 77.8 percent, compared to the corresponding period a year earlier.
In
October 2005, the number of
cruise passenger arrivals and ship calls both fell sharply by 38.9 percent.
The
consumer price index for October 2005 was 4.8 percent higher than the corresponding month a year earlier. The
annual average inflation rate accelerated further to 3.3 percent in October 2005, up from 2.4 percent a year earlier. (More bad news for Aruba)
This rate is 0.1 percentage point lower than the annual average inflation rate of 3.4 percent for the United States.