Current inflation Saint Kitts and Nevis 1.9%
December 2024
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Historical Context
Inflation is around the 5-year average of 1.5%.
- 5-year average
- 1.5%
- 10-year average
- 0.4%
- All-time high (2006)
- 8.5%
- All-time low (2015)
- -2.3%
Trend
Over the period 2022-2024, inflation shows a downward trend. Compared to 2023, average inflation in 2024 through December has fallen by 2.5 percentage points.
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for EC$100 this year will cost approximately EC$101.90 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2024 through December
- 1.1%
- Last year
- 3.6%
- 5-year average
- 1.5%
- All-time high (2006)
- 8.5%