Inflation Saint Lucia 2024
Average inflation: 0.0%
Current Inflation
Inflation is very low at 0.0%, well below the ECB target.
Peak and Trough
The highest inflation was in January at 2.1%. The lowest inflation was in September at -2.3%.
- Highest month
- January: 2.1%
- Lowest month
- September: -2.3%
- Difference
- 4.4 percentage points
- Months with data
- 9 of 12
Category Insights
The highest price increase was in Energy with an average of -6.3%. The lowest price increase was in Energy with an average of -6.3%.
- Highest increase
- Energy: -6.3%
- Lowest increase
- Energy: -6.3%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 2.2%.
- 5-year average
- 2.2%
- 10-year average
- 0.9%
- All-time high (2022)
- 6.4%
- All-time low (2016)
- -3.1%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- -4.1 percentage points
- Largest monthly swing
- April: -8.4 percentage points
ECB Target
Inflation is 2.0% 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 €100.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 2.1% | -4.3 |
| February | 1.8% | -4.5 |
| March | -0.4% | -7.5 |
| April | -1.2% | -8.4 |
| May | 1.7% | -2.5 |
| June | -0.3% | -4.2 |
| July | -0.7% | -3.3 |
| August | -0.4% | -2.2 |
| September | -2.3% | -4.9 |
| Average | 0.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.