Aruba July inflation reached 2.2 percent compared with the same month a year earlier, with transportation costs making the largest contribution to the increase, according to figures reported from the Central Bank of Aruba’s July 2026 economic bulletin.
The average annual inflation rate stood at 0.7 percent. The monthly report also pointed to changes in money supply, private-sector credit and government revenue.
Money supply declined in July
Money in circulation fell by Afl. 201.9 million from June to Afl. 7.52 billion. Net foreign assets decreased by Afl. 224.7 million, while net domestic assets rose by Afl. 22.8 million.
Domestic credit increased by Afl. 49.6 million. Credit to the private sector rose by Afl. 56.6 million, including an increase of Afl. 30.8 million in business loans. Mortgage lending grew by Afl. 14.9 million and consumer credit increased by Afl. 10.8 million.
Net credit to the public sector declined by Afl. 7 million, largely because government deposits increased by Afl. 7.1 million.
Government revenue moved higher
Government revenue totaled Afl. 139.5 million in July, an increase of Afl. 5.5 million from a year earlier. Tax receipts rose by Afl. 10.2 million, while non-tax revenue fell by Afl. 4.7 million.
Among the reported changes, transfer-tax revenue increased by Afl. 4.4 million, turnover-tax revenue by Afl. 3.1 million and property-tax revenue by Afl. 2.2 million. Gasoline excise revenue declined by Afl. 2.3 million.
Why the figures matter
The July figures offer a snapshot of household prices, lending activity and public finances. Future monthly releases will show whether transportation-led price pressure continues and whether the shifts in credit and foreign assets persist.
Source: Information based on reporting from 24ora on the Central Bank of Aruba’s July 2026 economic bulletin.
