Inflation Grenada 2015
Average inflation: -0.5%
Current Inflation
There is deflation with consumer prices declining by 0.5%.
Peak and Trough
The highest inflation was in December at 1.1%. The lowest inflation was in August at -1.7%.
- Highest month
- December: 1.1%
- Lowest month
- August: -1.7%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.1%. The lowest price increase was in Energy with an average of -2.8%.
- Highest increase
- Food: 1.1%
- Lowest increase
- Energy: -2.8%
Historical Context
Current inflation is 1.3% lower than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 2.3%
- All-time high (2008)
- 8%
- All-time low (2014)
- -1%
Trend
Inflation has remained relatively stable. Compared to 2014, the difference is minimal (+0.5 percentage point).
- Change vs. previous year
- +0.5 percentage points
- Largest monthly swing
- December: +1.7 percentage points
ECB Target
Inflation is 2.5% 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 €99.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2015
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2014 |
|---|---|---|
| January | -1.4% | -0.1 |
| February | -1.5% | -0.2 |
| March | -1.0% | +0.7 |
| April | -0.7% | +0.9 |
| May | -0.6% | +0.8 |
| June | -1.2% | +0.1 |
| July | -1.4% | -0.3 |
| August | -1.7% | -0.4 |
| September | 0.6% | +0.5 |
| October | 0.7% | +0.7 |
| November | 0.8% | +1.0 |
| December | 1.1% | +1.7 |
| Average | -0.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.