Inflation Jamaica 2005
Average inflation: 15.0%
Current Inflation
Inflation is very high at 15.0%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 18.5%. The lowest inflation was in December at 12.4%.
- Highest month
- September: 18.5%
- Lowest month
- December: 12.4%
- Difference
- 6.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 20.4%. The lowest price increase was in Food with an average of 19.4%.
- Highest increase
- Energy: 20.4%
- Lowest increase
- Food: 19.4%
Historical Context
Current inflation is 4.5% higher than the 5-year average of 10.5%. This approaches the highest level since records began (15.0% in 2005).
- 5-year average
- 10.5%
- 10-year average
- 10.1%
- All-time high (2005)
- 15%
- All-time low (2001)
- 6.8%
Trend
Inflation shows an upward trend. Compared to 2004, inflation has risen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- September: +7.9 percentage points
ECB Target
Inflation is 13.0% 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 €100 this year will cost approximately €115.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 12.6% | -2.7 |
| February | 12.9% | -3.3 |
| March | 13.1% | -3.4 |
| April | 14.8% | -0.3 |
| May | 16.4% | +2.3 |
| June | 17.3% | +5.1 |
| July | 17.8% | +6.1 |
| August | 16.3% | +4.8 |
| September | 18.5% | +7.9 |
| October | 15.3% | +2.7 |
| November | 13.1% | -0.8 |
| December | 12.4% | -1.4 |
| Average | 15.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.