Inflation Trinidad and Tobago 2007
Average inflation: 7.9%
Current Inflation
Inflation is very high at 7.9%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.6%. The lowest inflation was in October at 7.2%.
- Highest month
- January: 8.6%
- Lowest month
- October: 7.2%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.4%. The lowest price increase was in Energy with an average of 4.3%.
- Highest increase
- Food: 7.4%
- Lowest increase
- Energy: 4.3%
Historical Context
Current inflation is 1.8% higher than the 5-year average of 6.1%. This approaches the highest level since records began (8.3% in 2006).
- 5-year average
- 6.1%
- 10-year average
- 5.8%
- All-time high (2006)
- 8.3%
- All-time low (2004)
- 3.7%
Trend
Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.4 percentage point).
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- October: -2.8 percentage points
ECB Target
Inflation is 5.9% 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 €107.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2007
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2006 |
|---|---|---|
| January | 8.6% | +1.6 |
| February | 8.4% | +1.8 |
| March | 8.0% | +1.4 |
| April | 8.4% | +1.5 |
| May | 7.9% | 0.0 |
| June | 7.3% | -1.4 |
| July | 8.0% | -0.6 |
| August | 8.0% | -1.0 |
| September | 7.3% | -2.4 |
| October | 7.2% | -2.8 |
| November | 8.1% | -1.5 |
| December | 7.6% | -1.5 |
| Average | 7.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.