Inflation Grenada 2014
Average inflation: -1.0%
Current Inflation
There is deflation with consumer prices declining by 1.0%.
Peak and Trough
The highest inflation was in September at 0.1%. The lowest inflation was in March at -1.7%.
- Highest month
- September: 0.1%
- Lowest month
- March: -1.7%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 0.8%. The lowest price increase was in Energy with an average of -0.0%.
- Highest increase
- Food: 0.8%
- Lowest increase
- Energy: -0.0%
Historical Context
Current inflation is 2.6% lower than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 2.7%
- All-time high (2008)
- 8%
- All-time low (2014)
- -1%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +1.0 percentage point.
- Change vs. previous year
- -1.0 percentage points
- Largest monthly swing
- January: -3.0 percentage points
ECB Target
Inflation is 3.0% 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 €99.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | -1.3% | -3.0 |
| February | -1.3% | -2.7 |
| March | -1.7% | -1.7 |
| April | -1.6% | -1.5 |
| May | -1.4% | -1.2 |
| June | -1.3% | -2.0 |
| July | -1.1% | -2.0 |
| August | -1.3% | -2.1 |
| September | 0.1% | +1.5 |
| October | 0.0% | +1.6 |
| November | -0.2% | +1.3 |
| December | -0.6% | +0.6 |
| Average | -1.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.