Inflation Aruba 2003
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 5.8%. The lowest inflation was in November at 2.1%.
- Highest month
- February: 5.8%
- Lowest month
- November: 2.1%
- Difference
- 3.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 5.6%. The lowest price increase was in Energy with an average of 5.6%.
- Highest increase
- Energy: 5.6%
- Lowest increase
- Energy: 5.6%
Historical Context
Current inflation is around the 5-year average of 3.5%. This approaches the highest level since records began (3.7% in 2003).
- 5-year average
- 3.5%
- 10-year average
- 3.5%
- All-time high (2003)
- 3.7%
- All-time low (2002)
- 3.3%
Trend
Inflation has remained relatively stable. Compared to 2002, the difference is minimal (+0.4 percentage point).
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- February: +3.6 percentage points
ECB Target
Inflation is 1.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 4.2% | +1.6 |
| February | 5.8% | +3.6 |
| March | 5.7% | +3.5 |
| April | 5.0% | +2.6 |
| May | 3.5% | +0.1 |
| June | 3.5% | +0.1 |
| July | 3.5% | +0.1 |
| August | 3.0% | -0.7 |
| September | 2.9% | -1.0 |
| October | 2.6% | -1.3 |
| November | 2.1% | -2.4 |
| December | 2.3% | -1.9 |
| Average | 3.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.