Inflation Saint Lucia 2016

Average inflation: -3.1%

Current Inflation

There is deflation with consumer prices declining by 3.1%.

Peak and Trough

The highest inflation was in October at -2.1%. The lowest inflation was in June at -4.2%.

Highest month
October: -2.1%
Lowest month
June: -4.2%
Difference
2.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -3.1%. The lowest price increase was in Energy with an average of -3.1%.

Highest increase
Energy: -3.1%
Lowest increase
Energy: -3.1%

Historical Context

Current inflation is 4.1% lower than the 5-year average of 1.0%.

5-year average
1%
10-year average
1.9%
All-time high (2008)
5.6%
All-time low (2016)
-3.1%

Trend

Inflation shows a downward trend. Compared to 2015, inflation has fallen by +2.1 percentage point.

Change vs. previous year
-2.1 percentage points
Largest monthly swing
January: -7.1 percentage points

ECB Target

Inflation is 5.1% 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 €100 this year will cost approximately €96.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January -3.4% -7.1
February -2.5% -2.1
March -3.7% -2.7
April -3.3% -2.9
May -4.0% -4.1
June -4.2% -4.3
July -3.4% -3.2
August -2.7% -0.2
September -2.7% -0.5
October -2.1% +1.0
November -2.2% +0.9
December -2.8% -0.2
Average -3.1%

Data source

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

See also