Inflation Trinidad and Tobago 2005
Average inflation: 6.9%
Current Inflation
Inflation is very high at 6.9%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 7.3%. The lowest inflation was in January at 5.9%.
- Highest month
- March: 7.3%
- Lowest month
- January: 5.9%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.6%. The lowest price increase was in Core inflation with an average of 2.5%.
- Highest increase
- Energy: 2.6%
- Lowest increase
- Core inflation: 2.5%
Historical Context
Current inflation is 2.1% higher than the 5-year average of 4.8%. This approaches the highest level since records began (6.9% in 2005).
- 5-year average
- 4.8%
- 10-year average
- 4.8%
- All-time high (2005)
- 6.9%
- All-time low (2004)
- 3.7%
Trend
Inflation shows an upward trend. Compared to 2004, inflation has risen by +3.2 percentage point.
- Change vs. previous year
- +3.2 percentage points
- Largest monthly swing
- March: +4.5 percentage points
ECB Target
Inflation is 4.9% 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 €106.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2005
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2004 |
|---|---|---|
| January | 5.9% | +2.6 |
| February | 6.9% | +3.9 |
| March | 7.3% | +4.5 |
| April | 7.0% | +4.2 |
| May | 6.5% | +3.4 |
| June | 6.5% | +3.3 |
| July | 7.3% | +4.0 |
| August | 7.2% | +3.5 |
| September | 6.9% | +2.6 |
| October | 6.8% | +2.3 |
| November | 7.0% | +2.2 |
| December | 7.2% | +1.6 |
| Average | 6.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.