Inflation Antigua and Barbuda 2024
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.3%. The lowest inflation was in March at 4.9%.
- Highest month
- January: 7.3%
- Lowest month
- March: 4.9%
- Difference
- 2.4 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Food with an average of 5.4%. The lowest price increase was in Food with an average of 5.4%.
- Highest increase
- Food: 5.4%
- Lowest increase
- Food: 5.4%
Historical Context
Current inflation is 2.0% higher than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 2.7%
- All-time high (2022)
- 7.5%
- All-time low (2016)
- -0.5%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- June: +3.8 percentage points
ECB Target
Inflation is 4.4% 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 €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 7.3% | +0.4 |
| February | 7.1% | +1.2 |
| March | 4.9% | +0.3 |
| April | 6.0% | -1.7 |
| May | 6.6% | +1.2 |
| June | 6.6% | +3.8 |
| July | 6.2% | +1.2 |
| August | 7.1% | +0.5 |
| September | 5.6% | 0.0 |
| Average | 6.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.