Inflation Jamaica 2015

Average inflation: 3.7%

Current Inflation

Inflation is high at 3.7%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 5.3%. The lowest inflation was in September at 1.8%.

Highest month
January: 5.3%
Lowest month
September: 1.8%
Difference
3.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 7.8%. The lowest price increase was in Energy with an average of -9.1%.

Highest increase
Food: 7.8%
Lowest increase
Energy: -9.1%

Historical Context

Current inflation is 3.5% lower than the 5-year average of 7.2%. This approaches the lowest level since records began (3.7% in 2015).

5-year average
7.2%
10-year average
9.8%
All-time high (2008)
22%
All-time low (2015)
3.7%

Trend

Inflation shows a downward trend. Compared to 2014, inflation has fallen by +4.6 percentage point.

Change vs. previous year
-4.6 percentage points
Largest monthly swing
September: -7.1 percentage points

ECB Target

Inflation is 1.7% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €103.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2015

Month overview

Month Inflation Difference vs. 2014
January 5.3% -4.0
February 4.4% -4.3
March 4.0% -4.3
April 4.4% -3.2
May 4.0% -4.0
June 4.4% -3.6
July 3.8% -5.2
August 3.4% -6.4
September 1.8% -7.1
October 2.1% -6.1
November 3.1% -4.1
December 3.7% -2.6
Average 3.7%

Data source

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

See also