Inflation Jamaica 2006
Average inflation: 8.7%
Current Inflation
Inflation is very high at 8.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 12.7%. The lowest inflation was in November at 5.5%.
- Highest month
- January: 12.7%
- Lowest month
- November: 5.5%
- Difference
- 7.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 13.5%. The lowest price increase was in Food with an average of 6.4%.
- Highest increase
- Energy: 13.5%
- Lowest increase
- Food: 6.4%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 10.9%.
- 5-year average
- 10.9%
- 10-year average
- 9.9%
- All-time high (2005)
- 15%
- All-time low (2001)
- 6.8%
Trend
Inflation shows a downward trend. Compared to 2005, inflation has fallen by +6.3 percentage point.
- Change vs. previous year
- -6.3 percentage points
- Largest monthly swing
- September: -11.8 percentage points
ECB Target
Inflation is 6.7% 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 €108.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 12.7% | +0.1 |
| February | 12.0% | -0.9 |
| March | 11.0% | -2.1 |
| April | 10.5% | -4.3 |
| May | 8.5% | -7.9 |
| June | 8.4% | -8.9 |
| July | 8.3% | -9.5 |
| August | 8.6% | -7.7 |
| September | 6.7% | -11.8 |
| October | 5.8% | -9.5 |
| November | 5.5% | -7.6 |
| December | 5.8% | -6.6 |
| Average | 8.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.