Inflation Saint Kitts and Nevis 2022
Average inflation: 2.7%
Current Inflation
Inflation is normal at 2.7%, around the ECB target.
Peak and Trough
The highest inflation was in November at 4.1%. The lowest inflation was in February at 0.9%.
- Highest month
- November: 4.1%
- Lowest month
- February: 0.9%
- Difference
- 3.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.2%. The lowest price increase was in Energy with an average of 0.2%.
- Highest increase
- Energy: 0.2%
- Lowest increase
- Energy: 0.2%
Historical Context
Current inflation is 2.4% higher than the 5-year average of 0.3%.
- 5-year average
- 0.3%
- 10-year average
- 0%
- All-time high (2006)
- 8.5%
- All-time low (2015)
- -2.3%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +1.5 percentage point.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- November: +2.8 percentage points
ECB Target
Inflation is 0.7% 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 €100 this year will cost approximately €102.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 1.0% | +0.6 |
| February | 0.9% | +0.6 |
| March | 1.2% | +0.9 |
| April | 2.3% | +1.1 |
| May | 2.9% | +1.6 |
| June | 3.1% | +1.8 |
| July | 3.0% | +1.4 |
| August | 3.5% | +1.7 |
| September | 2.5% | +0.8 |
| October | 3.6% | +2.4 |
| November | 4.1% | +2.8 |
| December | 3.9% | +2.0 |
| Average | 2.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.