Inflation Jamaica 2009
Average inflation: 9.7%
Current Inflation
Inflation is very high at 9.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 14.0%. The lowest inflation was in August at 6.2%.
- Highest month
- January: 14.0%
- Lowest month
- August: 6.2%
- Difference
- 7.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 13.2%. The lowest price increase was in Energy with an average of 3.0%.
- Highest increase
- Food: 13.2%
- Lowest increase
- Energy: 3.0%
Historical Context
Current inflation is 3.2% lower than the 5-year average of 12.9%.
- 5-year average
- 12.9%
- 10-year average
- 11%
- All-time high (2008)
- 22%
- All-time low (2001)
- 6.8%
Trend
Inflation has remained relatively stable. Compared to 2008, the difference is minimal (-12.3 percentage point).
- Change vs. previous year
- -12.3 percentage points
- Largest monthly swing
- August: -20.1 percentage points
ECB Target
Inflation is 7.7% 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 €109.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2009
Month overview
| Month | Inflation | Difference vs. 2008 |
|---|---|---|
| January | 14.0% | -4.1 |
| February | 12.9% | -6.9 |
| March | 12.3% | -7.5 |
| April | 11.3% | -10.0 |
| May | 9.6% | -13.0 |
| June | 9.0% | -15.1 |
| July | 7.0% | -19.0 |
| August | 6.2% | -20.1 |
| September | 7.1% | -18.3 |
| October | 7.8% | -16.1 |
| November | 9.0% | -11.0 |
| December | 10.1% | -6.9 |
| Average | 9.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.