Inflation Saint Kitts and Nevis 2007

Average inflation: 4.5%

Inflation in 2007

Inflation is high at 4.5%, well above the ECB target.

Peak and Trough

The highest inflation was in January at 6.4%. The lowest inflation was in December at 2.9%.

Highest month
January: 6.4%
Lowest month
December: 2.9%
Difference
3.5 percentage points
Months with data
12 of 12

Historical Context

Inflation is 2.0 percentage points lower than the 5-year average of 6.5%. This approaches the lowest level since records began (4.5% in 2007).

5-year average
6.5%
10-year average
6.5%
All-time high (2006)
8.5%
All-time low (2007)
4.5%

Trend

Over the period 2006-2007, inflation shows a downward trend. Compared to 2006, inflation has fallen by 4.0 percentage points.

Change vs. previous year
-4.0 percentage points
Largest monthly swing
November: -5.1 percentage points

ECB Target

Inflation is 2.5 percentage points 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 EC$100 this year will cost approximately EC$104.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Month overview

Month Inflation Difference vs. 2006
January 6.4% -1.6
February 5.9% -2.8
March 3.9% -5.0
April 4.7% -3.6
May 4.4% -4.2
June 5.1% -3.5
July 5.1% -3.4
August 4.1% -4.6
September 3.9% -5.0
October 4.3% -4.2
November 3.2% -5.1
December 2.9% -5.0
Average 4.5%

Data source

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

See also