Inflation Saint Lucia 2004

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 3.5%. The lowest inflation was in February at -0.7%.

Highest month
December: 3.5%
Lowest month
February: -0.7%
Difference
4.2 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 0.8% higher than the 5-year average of 0.7%. This approaches the highest level since records began (1.5% in 2004).

5-year average
0.7%
10-year average
0.7%
All-time high (2004)
1.5%
All-time low (2002)
-0.3%

Trend

Inflation shows an upward trend. Compared to 2003, inflation has risen by +0.5 percentage point.

Change vs. previous year
+0.5 percentage points
Largest monthly swing
February: -3.1 percentage points

ECB Target

Inflation is 0.5% 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 €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2004

Month overview

Month Inflation Difference vs. 2003
January 0.1% -2.0
February -0.7% -3.1
March -0.5% -1.9
April 0.1% -0.4
May 1.0% -0.2
June 1.5% +0.5
July 2.6% +1.7
August 3.0% +2.3
September 2.3% +1.9
October 1.4% +0.8
November 3.3% +2.6
December 3.5% +3.0
Average 1.5%

Data source

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

See also