Inflation Grenada 2009
Average inflation: -0.3%
Current Inflation
There is deflation with consumer prices declining by 0.3%.
Peak and Trough
The highest inflation was in January at 4.7%. The lowest inflation was in October at -3.2%.
- Highest month
- January: 4.7%
- Lowest month
- October: -3.2%
- Difference
- 7.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.7%. The lowest price increase was in Energy with an average of -8.1%.
- Highest increase
- Food: 1.7%
- Lowest increase
- Energy: -8.1%
Historical Context
Current inflation is 4.2% lower than the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 3.1%
- All-time high (2008)
- 8%
- All-time low (2009)
- -0.3%
Trend
Inflation shows a downward trend. Compared to 2008, inflation has fallen by +8.3 percentage point.
- Change vs. previous year
- -8.3 percentage points
- Largest monthly swing
- October: -11.5 percentage points
ECB Target
Inflation is 2.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 4.7% | -2.9 |
| February | 3.5% | -4.2 |
| March | 2.5% | -5.5 |
| April | 1.6% | -7.1 |
| May | 0.7% | -8.4 |
| June | -1.2% | -10.1 |
| July | -1.6% | -10.9 |
| August | -2.1% | -10.7 |
| September | -2.4% | -10.5 |
| October | -3.2% | -11.5 |
| November | -3.2% | -10.3 |
| December | -2.3% | -7.5 |
| Average | -0.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.