Inflation Saint Kitts and Nevis 2018

Average inflation: -1.0%

Inflation in 2018

There is deflation with consumer prices declining by 1.0%.

Peak and Trough

The highest inflation was in March at -0.1%. The lowest inflation was in September at -2.0%.

Highest month
March: -0.1%
Lowest month
September: -2.0%
Difference
1.9 percentage points
Months with data
12 of 12

Historical Context

Inflation is around the 5-year average of -0.6%.

5-year average
-0.6%
10-year average
0.8%
All-time high (2006)
8.5%
All-time low (2015)
-2.3%

Trend

Over the period 2016-2018, inflation has remained relatively stable. Compared to 2017, inflation has fallen by 1.7 percentage points.

Change vs. previous year
-1.7 percentage points
Largest monthly swing
November: -3.5 percentage points

ECB Target

Inflation is 3.0 percentage points 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 EC$100 this year will cost approximately EC$99 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Month overview

Month Inflation Difference vs. 2017
January -0.7% -1.4
February -0.4% -1.0
March -0.1% -0.6
April -0.9% -1.5
May -0.9% -1.4
June -0.8% -1.2
July -1.0% -2.2
August -1.6% -2.1
September -2.0% -2.5
October -1.7% -1.9
November -1.6% -3.5
December -0.8% -1.6
Average -1.0%

Data source

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

See also