Inflation Jamaica 2012
Average inflation: 6.9%
Current Inflation
Inflation is very high at 6.9%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 8.0%. The lowest inflation was in August at 5.4%.
- Highest month
- February: 8.0%
- Lowest month
- August: 5.4%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.7%. The lowest price increase was in Energy with an average of 6.0%.
- Highest increase
- Food: 10.7%
- Lowest increase
- Energy: 6.0%
Historical Context
Current inflation is 4.9% lower than the 5-year average of 11.8%. This approaches the lowest level since records began (6.8% in 2001).
- 5-year average
- 11.8%
- 10-year average
- 11.5%
- All-time high (2008)
- 22%
- All-time low (2001)
- 6.8%
Trend
Inflation shows a downward trend. Compared to 2011, inflation has fallen by +0.7 percentage point.
- Change vs. previous year
- -0.7 percentage points
- Largest monthly swing
- January: -3.6 percentage points
ECB Target
Inflation is 4.9% 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 €106.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 6.5% | -3.6 |
| February | 8.0% | +0.8 |
| March | 7.3% | -0.5 |
| April | 7.2% | +0.3 |
| May | 6.9% | -0.1 |
| June | 6.7% | -0.6 |
| July | 5.6% | -2.0 |
| August | 5.4% | -2.3 |
| September | 6.7% | -1.5 |
| October | 7.1% | -0.7 |
| November | 7.4% | +0.3 |
| December | 7.9% | +1.8 |
| Average | 6.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.