Inflation Aruba 2008
Average inflation: 9.0%
Current Inflation
Inflation is very high at 9.0%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 12.7%. The lowest inflation was in December at -1.9%.
- Highest month
- August: 12.7%
- Lowest month
- December: -1.9%
- Difference
- 14.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 14.2%. The lowest price increase was in Energy with an average of 14.2%.
- Highest increase
- Energy: 14.2%
- Lowest increase
- Energy: 14.2%
Historical Context
Current inflation is 4.2% higher than the 5-year average of 4.8%. This approaches the highest level since records began (9.0% in 2008).
- 5-year average
- 4.8%
- 10-year average
- 4.4%
- All-time high (2008)
- 9%
- All-time low (2004)
- 2.5%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.6 percentage point.
- Change vs. previous year
- +3.6 percentage points
- Largest monthly swing
- December: -11.8 percentage points
ECB Target
Inflation is 7.0% 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 €109.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 9.1% | +5.2 |
| February | 9.9% | +7.0 |
| March | 9.7% | +5.7 |
| April | 10.1% | +6.4 |
| May | 9.8% | +6.1 |
| June | 9.3% | +3.6 |
| July | 11.6% | +6.6 |
| August | 12.7% | +7.2 |
| September | 12.4% | +7.3 |
| October | 10.9% | +4.1 |
| November | 4.4% | -3.9 |
| December | -1.9% | -11.8 |
| Average | 9.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.