Last Session of the CBS Income and Expenditure Survey

The final session of the Income and Expenditure Survey 2023-2024 conducted by the Central Bureau of Statistics (CBS) kicks off on October 16, 2024. This crucial survey aims to collect data from 1,500 to 2,000 households in Aruba, providing insights into income and spending patterns.

Overview of the Income and Expenditure Survey 2023-2024

The Income and Expenditure Survey 2023-2024 is an essential initiative that offers valuable data on household finances. This survey, which started in October 2023, aims to visit a total of 1,500 to 2,000 households across Aruba. So far, 1,764 households have participated, providing a representative snapshot of diverse household types in various regions.

Purpose of the Survey

This survey plays a critical role in monitoring the basket of basic products and determining inflation rates in Aruba. The information gathered will help calculate the weights of goods and services based on the spending habits of the participating households. Furthermore, it allows CBS to assess how consumption patterns have evolved since the last survey in 2016.

Final Phase Commences on October 16, 2024

The last phase of the Income and Expenditure Survey 2023-2024 is set to begin on October 16, 2024. CBS surveyors will be assigned specific addresses to visit, engaging households willing to participate over a two-week period.

Surveyor Engagement Process

During this period, surveyors will assist households in completing their daily expense books. Surveyors are available from 8 a.m. to 8 p.m. on weekdays and weekends, depending on the household’s availability and scheduled appointments.

Importance of Anonymity and Cooperation

As with all CBS surveys, the anonymity of participants is paramount. Each surveyor is easily identifiable by their badge and uniform, ensuring trust in the process. If a surveyor is not in uniform, they can still confirm their identity with their badge.

Gratitude for Participation

CBS expresses gratitude to all households that have already participated in the Income and Expenditure Survey 2023-2024. The success of this survey heavily relies on the continued cooperation of the community. Your participation is vital in shaping economic policies and understanding household needs.

Information for Questions

For any inquiries about the Income and Expenditure Survey 2023-2024, please contact the Central Bureau of Statistics during office hours at 524-7433 and request a member of the survey team. Alternatively, you can reach out via email at cbs@setarnet.aw.

Conclusion

In conclusion, the Income and Expenditure Survey is crucial for gathering insights into the financial behaviors of households in Aruba. By participating, you contribute to a better understanding of economic conditions and consumer needs.

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