Inflation Grenada 2010
Average inflation: 3.4%
Current Inflation
Inflation is high at 3.4%, well above the ECB target.
Peak and Trough
The highest inflation was in June at 5.5%. The lowest inflation was in January at -1.9%.
- Highest month
- June: 5.5%
- Lowest month
- January: -1.9%
- Difference
- 7.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 7.3%. The lowest price increase was in Food with an average of 3.3%.
- Highest increase
- Energy: 7.3%
- Lowest increase
- Food: 3.3%
Historical Context
Current inflation is around the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 3.2%
- All-time high (2008)
- 8%
- All-time low (2009)
- -0.3%
Trend
Inflation shows a downward trend. Compared to 2009, inflation has fallen by +3.7 percentage point.
- Change vs. previous year
- +3.7 percentage points
- Largest monthly swing
- November: +8.2 percentage points
ECB Target
Inflation is 1.4% 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 €100 this year will cost approximately €103.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2010
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2009 |
|---|---|---|
| January | -1.9% | -6.6 |
| February | 0.6% | -2.9 |
| March | 2.8% | +0.3 |
| April | 3.2% | +1.6 |
| May | 3.6% | +2.9 |
| June | 5.5% | +6.7 |
| July | 4.7% | +6.3 |
| August | 4.5% | +6.6 |
| September | 4.3% | +6.7 |
| October | 4.8% | +8.0 |
| November | 5.0% | +8.2 |
| December | 4.2% | +6.5 |
| Average | 3.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.