Inflation Saint Kitts and Nevis 2016
Average inflation: -0.7%
Current Inflation
There is deflation with consumer prices declining by 0.7%.
Peak and Trough
The highest inflation was in October at 1.2%. The lowest inflation was in January at -2.8%.
- Highest month
- October: 1.2%
- Lowest month
- January: -2.8%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -0.4%. The lowest price increase was in Energy with an average of -0.4%.
- Highest increase
- Energy: -0.4%
- Lowest increase
- Energy: -0.4%
Historical Context
Current inflation is 0.5% lower than the 5-year average of -0.2%.
- 5-year average
- -0.2%
- 10-year average
- 1.8%
- All-time high (2006)
- 8.5%
- All-time low (2015)
- -2.3%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+1.6 percentage point).
- Change vs. previous year
- +1.6 percentage points
- Largest monthly swing
- October: +5.2 percentage points
ECB Target
Inflation is 2.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | -2.8% | -2.5 |
| February | -2.2% | -0.9 |
| March | -1.8% | -0.9 |
| April | -1.3% | 0.0 |
| May | -0.4% | +3.4 |
| June | -0.6% | +1.4 |
| July | -1.0% | +1.6 |
| August | 0.5% | +3.2 |
| September | 0.4% | +3.3 |
| October | 1.2% | +5.2 |
| November | -0.2% | +3.1 |
| December | 0.0% | +2.4 |
| Average | -0.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.