Inflation Jamaica 2020
Average inflation: 5.2%
Current Inflation
Inflation is very high at 5.2%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 6.3%. The lowest inflation was in November at 4.3%.
- Highest month
- June: 6.3%
- Lowest month
- November: 4.3%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.8%. The lowest price increase was in Energy with an average of 2.2%.
- Highest increase
- Food: 10.8%
- Lowest increase
- Energy: 2.2%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 3.9%. This approaches the highest level since records began (5.2% in 2020).
- 5-year average
- 3.9%
- 10-year average
- 3.9%
- All-time high (2020)
- 5.2%
- All-time low (2016)
- 2.4%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- February: +3.6 percentage points
ECB Target
Inflation is 3.2% 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 €105.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 5.2% | +2.9 |
| February | 6.0% | +3.6 |
| March | 4.8% | +1.4 |
| April | 5.5% | +1.6 |
| May | 4.7% | -0.1 |
| June | 6.3% | +2.1 |
| July | 5.7% | +1.4 |
| August | 5.1% | +1.0 |
| September | 4.9% | +1.5 |
| October | 5.1% | +1.9 |
| November | 4.3% | -0.4 |
| December | 5.2% | -0.9 |
| Average | 5.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.