Inflation Barbados 2016
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in November at 3.3%. The lowest inflation was in January at -1.6%.
- Highest month
- November: 3.3%
- Lowest month
- January: -1.6%
- Difference
- 4.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 8.2%. The lowest price increase was in Energy with an average of -5.9%.
- Highest increase
- Food: 8.2%
- Lowest increase
- Energy: -5.9%
Historical Context
Current inflation is around the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 3%
- All-time high (2011)
- 9.4%
- All-time low (2015)
- -1.1%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+2.4 percentage point).
- Change vs. previous year
- +2.4 percentage points
- Largest monthly swing
- November: +5.9 percentage points
ECB Target
Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -1.6% | -2.9 |
| February | -0.8% | -0.2 |
| March | 0.0% | +1.3 |
| April | -0.2% | +0.9 |
| May | 1.5% | +2.4 |
| June | 0.8% | +1.2 |
| July | 2.6% | +3.3 |
| August | 2.1% | +3.6 |
| September | 2.4% | +3.3 |
| October | 2.0% | +4.1 |
| November | 3.3% | +5.9 |
| December | 3.2% | +5.7 |
| Average | 1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.