Inflation Montserrat 2008
Average inflation: 4.9%
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Peak and Trough
The highest inflation was in October at 7.2%. The lowest inflation was in February at 3.2%.
- Highest month
- October: 7.2%
- Lowest month
- February: 3.2%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.8% higher than the 5-year average of 3.1%. This approaches the highest level since records began (4.9% in 2008).
- 5-year average
- 3.1%
- 10-year average
- 2.9%
- All-time high (2008)
- 4.9%
- All-time low (2003)
- 1.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.2 percentage point.
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- September: +4.7 percentage points
ECB Target
Inflation is 2.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 3.4% | +1.6 |
| February | 3.2% | +0.9 |
| March | 3.2% | +0.4 |
| April | 3.9% | +0.7 |
| May | 4.0% | +1.3 |
| June | 5.1% | +2.3 |
| July | 5.4% | +2.3 |
| August | 6.0% | +3.0 |
| September | 6.3% | +4.7 |
| October | 7.2% | +4.6 |
| November | 6.6% | +3.9 |
| December | 4.5% | +0.5 |
| Average | 4.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.