Inflation Saint Lucia 2022
Average inflation: 6.4%
Current Inflation
Inflation is very high at 6.4%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 7.9%. The lowest inflation was in January at 4.4%.
- Highest month
- September: 7.9%
- Lowest month
- January: 4.4%
- Difference
- 3.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 24.0%. The lowest price increase was in Energy with an average of 24.0%.
- Highest increase
- Energy: 24.0%
- Lowest increase
- Energy: 24.0%
Historical Context
Current inflation is 4.5% higher than the 5-year average of 1.9%. This approaches the highest level since records began (6.4% in 2022).
- 5-year average
- 1.9%
- 10-year average
- 1%
- All-time high (2022)
- 6.4%
- All-time low (2016)
- -3.1%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +4.0 percentage point.
- Change vs. previous year
- +4.0 percentage points
- Largest monthly swing
- September: +5.8 percentage points
ECB Target
Inflation is 4.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 4.4% | +3.4 |
| February | 4.9% | +4.0 |
| March | 5.5% | +4.6 |
| April | 5.3% | +3.4 |
| May | 6.5% | +4.0 |
| June | 6.3% | +3.4 |
| July | 7.4% | +4.5 |
| August | 7.6% | +5.6 |
| September | 7.9% | +5.8 |
| October | 7.0% | +3.9 |
| November | 6.9% | +2.3 |
| December | 6.9% | +2.8 |
| Average | 6.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.