Inflation Barbados 2014
Average inflation: 1.8%
Current Inflation
Inflation is low at 1.8%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 2.5%. The lowest inflation was in February at 0.9%.
- Highest month
- August: 2.5%
- Lowest month
- February: 0.9%
- Difference
- 1.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.5%. The lowest price increase was in Energy with an average of 0.0%.
- Highest increase
- Food: 4.5%
- Lowest increase
- Energy: 0.0%
Historical Context
Current inflation is 2.6% lower than the 5-year average of 4.4%. This approaches the lowest level since records began (1.8% in 2014).
- 5-year average
- 4.4%
- 10-year average
- 4.4%
- All-time high (2011)
- 9.4%
- All-time low (2014)
- 1.8%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +0.0 percentage point.
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- February: -1.4 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 1.4% | +0.2 |
| February | 0.9% | -1.4 |
| March | 1.2% | +0.3 |
| April | 1.5% | -0.3 |
| May | 1.4% | -0.3 |
| June | 1.8% | 0.0 |
| July | 2.2% | -0.3 |
| August | 2.5% | -0.3 |
| September | 1.5% | -0.6 |
| October | 2.1% | +0.3 |
| November | 2.2% | +0.4 |
| December | 2.4% | +1.2 |
| Average | 1.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.