Overall consumer price inflation has been close to zero over the past year, in large part because the big drop in crude oil prices since last summer has pushed down prices for gasoline and other consumer energy products. Price inflation excluding the volatile categories of energy and food prices, or so-called core inflation, is often a better indicator of future overall inflation.
The principal purpose of the Tamana InTech Park was to drive economic diversification in Trinidad and Tobago through the establishment of technology intensive, knowledge-driven industries in the non-energy sectors. The Park would be home to major technology players and the place where groundbreaking and innovative ideas would emerge.