Inflation Aruba 2004
Average inflation: 2.5%
Current Inflation
Inflation is normal at 2.5%, around the ECB target.
Peak and Trough
The highest inflation was in November at 3.7%. The lowest inflation was in February at 1.3%.
- Highest month
- November: 3.7%
- Lowest month
- February: 1.3%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.1%. The lowest price increase was in Energy with an average of 2.1%.
- Highest increase
- Energy: 2.1%
- Lowest increase
- Energy: 2.1%
Historical Context
Current inflation is 0.7% lower than the 5-year average of 3.2%. This approaches the lowest level since records began (2.5% in 2004).
- 5-year average
- 3.2%
- 10-year average
- 3.2%
- All-time high (2003)
- 3.7%
- All-time low (2004)
- 2.5%
Trend
Inflation has remained relatively stable. Compared to 2003, the difference is minimal (-1.2 percentage point).
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- February: -4.5 percentage points
ECB Target
Inflation is 0.5% 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 €102.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 2.3% | -1.9 |
| February | 1.3% | -4.5 |
| March | 1.5% | -4.2 |
| April | 1.9% | -3.1 |
| May | 2.3% | -1.2 |
| June | 3.0% | -0.5 |
| July | 2.9% | -0.6 |
| August | 3.1% | +0.1 |
| September | 2.7% | -0.2 |
| October | 2.8% | +0.2 |
| November | 3.7% | +1.6 |
| December | 2.8% | +0.5 |
| Average | 2.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.