Inflation Haiti 2003

Average inflation: 28.5%

Inflation in 2003

Inflation is very high at 28.5%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 35.5%. The lowest inflation was in January at 12.3%.

Highest month
October: 35.5%
Lowest month
January: 12.3%
Difference
23.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 33.0%. The lowest price increase was in Energy with an average of 18.1%.

Highest increase
Food: 33.0%
Lowest increase
Energy: 18.1%

Historical Context

Inflation is 16.2 percentage points higher than the 5-year average of 12.3%. This approaches the highest level since records began (28.5% in 2003).

5-year average
12.3%
10-year average
11.1%
All-time high (2003)
28.5%
All-time low (1999)
3%

Trend

Over the period 2001-2003, inflation shows an upward trend. Compared to 2002, inflation has risen by 21.5 percentage points.

Change vs. previous year
+21.5 percentage points
Largest monthly swing
October: +27.5 percentage points

ECB Target

Inflation is 26.5 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for HTG 100 this year will cost approximately HTG 128.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2003

Inflation by category

Food
33.0%
+4.5 vs avg.
Energy
18.1%
-10.4 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2002
January 12.3% +6.0
February 18.6% +12.7
March 23.5% +17.7
April 25.7% +19.8
May 28.2% +22.4
June 30.4% +25.1
July 32.8% +27.0
August 31.9% +24.7
September 33.4% +25.2
October 35.5% +27.5
November 35.3% +26.1
December 34.7% +24.0
Average 28.5%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also