Inflation Trinidad and Tobago 2011

Average inflation: 5.2%

Current Inflation

Inflation is very high at 5.2%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 12.5%. The lowest inflation was in August at 0.6%.

Highest month
January: 12.5%
Lowest month
August: 0.6%
Difference
11.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 6.6%. The lowest price increase was in Energy with an average of 1.3%.

Highest increase
Food: 6.6%
Lowest increase
Energy: 1.3%

Historical Context

Current inflation is 3.4% lower than the 5-year average of 8.6%.

5-year average
8.6%
10-year average
7%
All-time high (2008)
12%
All-time low (2004)
3.7%

Trend

Inflation shows a downward trend. Compared to 2010, inflation has fallen by +5.3 percentage point.

Change vs. previous year
-5.3 percentage points
Largest monthly swing
August: -15.6 percentage points

ECB Target

Inflation is 3.2% 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 €105.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2011

Inflation by category

Food
6.6%
+1.4vs avg.
More details →
Energy
1.3%
-3.9vs avg.
More details →
Core inflation
1.7%
-3.5vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2010
January 12.5% +8.9
February 10.7% +5.9
March 9.3% +4.2
April 6.4% -0.8
May 3.9% -5.7
June 0.8% -12.9
July 1.4% -12.8
August 0.6% -15.6
September 2.6% -10.5
October 3.7% -8.8
November 5.7% -7.0
December 5.3% -8.1
Average 5.2%

Data source

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

See also