Inflation Grenada 2013
Average inflation: 0.0%
Current Inflation
Inflation is very low at 0.0%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 1.7%. The lowest inflation was in October at -1.6%.
- Highest month
- January: 1.7%
- Lowest month
- October: -1.6%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.9%. The lowest price increase was in Energy with an average of 0.2%.
- Highest increase
- Food: 0.9%
- Lowest increase
- Energy: 0.2%
Historical Context
Current inflation is 1.7% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 3.1%
- All-time high (2008)
- 8%
- All-time low (2009)
- -0.3%
Trend
Inflation shows a downward trend. Compared to 2012, inflation has fallen by +2.4 percentage point.
- Change vs. previous year
- -2.4 percentage points
- Largest monthly swing
- March: -3.9 percentage points
ECB Target
Inflation is 2.0% 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 €100.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2013
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2012 |
|---|---|---|
| January | 1.7% | -1.7 |
| February | 1.4% | -2.1 |
| March | 0.0% | -3.9 |
| April | -0.1% | -3.8 |
| May | -0.2% | -3.4 |
| June | 0.7% | -0.7 |
| July | 0.9% | -0.3 |
| August | 0.8% | -0.5 |
| September | -1.4% | -3.2 |
| October | -1.6% | -3.6 |
| November | -1.5% | -3.2 |
| December | -1.2% | -3.0 |
| Average | 0.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.