Inflation Montserrat 2003
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in March at 3.0%. The lowest inflation was in September at -0.3%.
- Highest month
- March: 3.0%
- Lowest month
- September: -0.3%
- Difference
- 3.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.4% lower than the 5-year average of 2.6%. This approaches the lowest level since records began (1.2% in 2003).
- 5-year average
- 2.6%
- 10-year average
- 2.6%
- All-time high (2002)
- 4%
- All-time low (2003)
- 1.2%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- August: -4.9 percentage points
ECB Target
Inflation is 0.8% 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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 1.7% | -3.3 |
| February | 1.9% | -3.0 |
| March | 3.0% | +1.5 |
| April | 3.0% | +0.3 |
| May | 0.9% | -3.2 |
| June | 0.6% | -3.9 |
| July | 1.0% | -3.4 |
| August | -0.1% | -4.9 |
| September | -0.3% | -4.7 |
| October | 0.5% | -3.5 |
| November | 0.7% | -3.3 |
| December | 1.2% | -2.3 |
| Average | 1.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.