Inflation Trinidad and Tobago 2001

Average inflation: 5.5%

Current Inflation

Inflation is very high at 5.5%, far above the ECB target.

Peak and Trough

The highest inflation was in August at 7.4%. The lowest inflation was in December at 3.2%.

Highest month
August: 7.4%
Lowest month
December: 3.2%
Difference
4.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 1.1%. The lowest price increase was in Core inflation with an average of 1.1%.

Highest increase
Core inflation: 1.1%
Lowest increase
Core inflation: 1.1%

Historical Context

Current inflation is around the 5-year average of 5.5%. This approaches the highest level since records began (5.5% in 2001).

5-year average
5.5%
10-year average
5.5%
All-time high (2001)
5.5%
All-time low (2001)
5.5%

Trend

ECB Target

Inflation is 3.5% 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 €105.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2001

Inflation by category

Core inflation
1.1%
-4.4vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation
January 4.8%
February 6.1%
March 6.0%
April 5.2%
May 4.8%
June 6.4%
July 6.7%
August 7.4%
September 5.8%
October 5.0%
November 5.2%
December 3.2%
Average 5.5%

Data source

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

See also