Inflation Montserrat 2022

Average inflation: 3.0%

Current Inflation

Inflation is high at 3.0%, well above the ECB target.

Peak and Trough

The highest inflation was in March at 6.3%. The lowest inflation was in September at -2.1%.

Highest month
March: 6.3%
Lowest month
September: -2.1%
Difference
8.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.2% higher than the 5-year average of 0.8%.

5-year average
0.8%
10-year average
0.4%
All-time high (2008)
4.9%
All-time low (2020)
-1.9%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +0.4 percentage point.

Change vs. previous year
+0.4 percentage points
Largest monthly swing
March: +8.2 percentage points

ECB Target

Inflation is 1.0% 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 €103.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 5.5% +3.9
February 6.0% +7.7
March 6.3% +8.2
April 4.2% +2.3
May 3.9% -0.3
June 4.4% +1.0
July 5.0% +1.6
August 5.6% +2.9
September -2.1% -5.6
October -0.4% -4.9
November -0.8% -5.6
December -1.2% -6.4
Average 3.0%

Data source

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

See also