Inflation Trinidad and Tobago 2006
Average inflation: 8.3%
Current Inflation
Inflation is very high at 8.3%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 10.0%. The lowest inflation was in February at 6.6%.
- Highest month
- October: 10.0%
- Lowest month
- February: 6.6%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 3.6%. The lowest price increase was in Energy with an average of 2.9%.
- Highest increase
- Core inflation: 3.6%
- Lowest increase
- Energy: 2.9%
Historical Context
Current inflation is 2.9% higher than the 5-year average of 5.4%. This approaches the highest level since records began (8.3% in 2006).
- 5-year average
- 5.4%
- 10-year average
- 5.4%
- All-time high (2006)
- 8.3%
- All-time low (2004)
- 3.7%
Trend
Inflation shows an upward trend. Compared to 2005, inflation has risen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- October: +3.2 percentage points
ECB Target
Inflation is 6.3% 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 €108.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2005 |
|---|---|---|
| January | 7.0% | +1.1 |
| February | 6.6% | -0.3 |
| March | 6.6% | -0.7 |
| April | 6.9% | -0.1 |
| May | 7.9% | +1.4 |
| June | 8.7% | +2.2 |
| July | 8.6% | +1.3 |
| August | 9.0% | +1.8 |
| September | 9.7% | +2.8 |
| October | 10.0% | +3.2 |
| November | 9.6% | +2.6 |
| December | 9.1% | +1.9 |
| Average | 8.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.