Inflation Antigua and Barbuda 2008

Average inflation: 5.4%

Current Inflation

Inflation is very high at 5.4%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 7.1%. The lowest inflation was in December at 0.7%.

Highest month
July: 7.1%
Lowest month
December: 0.7%
Difference
6.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.9% higher than the 5-year average of 2.5%. This approaches the highest level since records began (5.4% in 2008).

5-year average
2.5%
10-year average
2.4%
All-time high (2008)
5.4%
All-time low (2007)
1.4%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.0 percentage point.

Change vs. previous year
+4.0 percentage points
Largest monthly swing
July: +6.7 percentage points

ECB Target

Inflation is 3.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €105.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Month overview

Month Inflation Difference vs. 2007
January 5.3% +5.0
February 5.5% +5.1
March 5.6% +5.5
April 6.3% +6.3
May 6.4% +6.4
June 6.5% +6.1
July 7.1% +6.7
August 5.8% +4.2
September 5.9% +3.9
October 5.5% +3.6
November 3.7% -0.9
December 0.7% -4.5
Average 5.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also