Current inflation Curaçao 2.8%
February 2020
Current Inflation
Inflation is normal at 2.8%, around the ECB target.
Historical Context
Inflation is 0.9 percentage points higher than the 5-year average of 1.9%.
- 5-year average
- 1.9%
- 10-year average
- 1.7%
- All-time high (2008)
- 6.9%
- All-time low (2015)
- -0.5%
Trend
Over the period 2018-2020, inflation has remained relatively stable. Compared to 2019, average inflation in 2020 through February has risen by 0.1 percentage points.
ECB Target
Inflation is 0.8 percentage points 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 ANG 100 this year will cost approximately ANG 102.80 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2020 through February
- 2.7%
- Last year
- 2.6%
- 5-year average
- 1.9%
- All-time high (2008)
- 6.9%