Inflation Saint Kitts and Nevis 2021

Average inflation: 1.2%

Current Inflation

Inflation is low at 1.2%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 1.9%. The lowest inflation was in February at 0.3%.

Highest month
December: 1.9%
Lowest month
February: 0.3%
Difference
1.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 0.5%. The lowest price increase was in Energy with an average of 0.5%.

Highest increase
Energy: 0.5%
Lowest increase
Energy: 0.5%

Historical Context

Current inflation is 1.3% higher than the 5-year average of -0.1%.

5-year average
-0.1%
10-year average
-0.1%
All-time high (2006)
8.5%
All-time low (2015)
-2.3%

Trend

Inflation shows an upward trend. Compared to 2020, inflation has risen by +2.4 percentage point.

Change vs. previous year
+2.4 percentage points
Largest monthly swing
August: +3.8 percentage points

ECB Target

Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January 0.4% +1.5
February 0.3% +0.6
March 0.3% +1.4
April 1.2% +2.8
May 1.3% +3.4
June 1.3% +2.6
July 1.6% +3.1
August 1.8% +3.8
September 1.7% +2.4
October 1.2% +1.6
November 1.3% +1.9
December 1.9% +3.1
Average 1.2%

Data source

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

See also