Inflation Antigua and Barbuda 2022

Average inflation: 7.5%

Current Inflation

Inflation is very high at 7.5%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 10.5%. The lowest inflation was in January at 2.9%.

Highest month
June: 10.5%
Lowest month
January: 2.9%
Difference
7.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 10.5%. The lowest price increase was in Food with an average of 10.5%.

Highest increase
Food: 10.5%
Lowest increase
Food: 10.5%

Historical Context

Current inflation is 4.9% higher than the 5-year average of 2.6%. This approaches the highest level since records began (7.5% in 2022).

5-year average
2.6%
10-year average
1.8%
All-time high (2022)
7.5%
All-time low (2016)
-0.5%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +5.4 percentage point.

Change vs. previous year
+5.4 percentage points
Largest monthly swing
December: +8.0 percentage points

ECB Target

Inflation is 5.5% 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 €107.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 2.9% +1.3
February 4.5% +3.2
March 6.1% +4.0
April 7.2% +4.8
May 7.8% +5.4
June 10.5% +7.9
July 8.5% +6.2
August 8.3% +7.2
September 8.6% +6.5
October 7.7% +4.8
November 8.8% +6.1
December 9.2% +8.0
Average 7.5%

Data source

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

See also