Inflation Jamaica 2017
Average inflation: 4.4%
Current Inflation
Inflation is high at 4.4%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 5.2%. The lowest inflation was in January at 2.6%.
- Highest month
- December: 5.2%
- Lowest month
- January: 2.6%
- Difference
- 2.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 11.2%. The lowest price increase was in Food with an average of 4.4%.
- Highest increase
- Energy: 11.2%
- Lowest increase
- Food: 4.4%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 5.6%.
- 5-year average
- 5.6%
- 10-year average
- 8.7%
- All-time high (2008)
- 22%
- All-time low (2016)
- 2.4%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+2.0 percentage point).
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- December: +3.5 percentage points
ECB Target
Inflation is 2.4% 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 €104.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 2.6% | -1.1 |
| February | 3.6% | -0.1 |
| March | 4.1% | +1.2 |
| April | 4.8% | +2.3 |
| May | 4.7% | +2.6 |
| June | 4.4% | +1.9 |
| July | 4.5% | +2.3 |
| August | 4.4% | +2.6 |
| September | 4.6% | +2.8 |
| October | 4.8% | +3.1 |
| November | 4.9% | +3.2 |
| December | 5.2% | +3.5 |
| Average | 4.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.