Inflation Jamaica 2019
Average inflation: 3.9%
Current Inflation
Inflation is high at 3.9%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 6.1%. The lowest inflation was in January at 2.3%.
- Highest month
- December: 6.1%
- Lowest month
- January: 2.3%
- Difference
- 3.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.3%. The lowest price increase was in Energy with an average of 1.4%.
- Highest increase
- Food: 6.3%
- Lowest increase
- Energy: 1.4%
Historical Context
Current inflation is around the 5-year average of 3.6%.
- 5-year average
- 3.6%
- 10-year average
- 6.3%
- All-time high (2008)
- 22%
- All-time low (2016)
- 2.4%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.2 percentage point).
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- December: +3.6 percentage points
ECB Target
Inflation is 1.9% 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 €103.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.3% | -2.4 |
| February | 2.4% | -2.0 |
| March | 3.4% | -0.5 |
| April | 3.9% | +0.7 |
| May | 4.8% | +1.7 |
| June | 4.2% | +1.4 |
| July | 4.3% | +1.1 |
| August | 4.1% | +0.2 |
| September | 3.4% | -1.0 |
| October | 3.2% | -1.5 |
| November | 4.7% | +0.6 |
| December | 6.1% | +3.6 |
| Average | 3.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.