Inflation Grenada 2012
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.9%. The lowest inflation was in July at 1.2%.
- Highest month
- March: 3.9%
- Lowest month
- July: 1.2%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 3.0%. The lowest price increase was in Energy with an average of 0.5%.
- Highest increase
- Food: 3.0%
- Lowest increase
- Energy: 0.5%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 3.3%.
- 5-year average
- 3.3%
- 10-year average
- 3.3%
- All-time high (2008)
- 8%
- All-time low (2009)
- -0.3%
Trend
Inflation has remained relatively stable. Compared to 2011, the difference is minimal (-0.7 percentage point).
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- July: -2.0 percentage points
ECB Target
Inflation is 0.4% 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 €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 3.4% | -1.0 |
| February | 3.5% | +0.5 |
| March | 3.9% | +1.6 |
| April | 3.7% | +1.4 |
| May | 3.2% | +0.5 |
| June | 1.4% | -1.2 |
| July | 1.2% | -2.0 |
| August | 1.3% | -2.0 |
| September | 1.8% | -1.4 |
| October | 2.0% | -1.1 |
| November | 1.7% | -1.3 |
| December | 1.8% | -1.7 |
| Average | 2.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.