Inflation Trinidad and Tobago 2012
Average inflation: 9.3%
Current Inflation
Inflation is very high at 9.3%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 12.6%. The lowest inflation was in January at 6.7%.
- Highest month
- May: 12.6%
- Lowest month
- January: 6.7%
- Difference
- 5.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 2.5%. The lowest price increase was in Food with an average of 1.5%.
- Highest increase
- Core inflation: 2.5%
- Lowest increase
- Food: 1.5%
Historical Context
Current inflation is around the 5-year average of 8.8%.
- 5-year average
- 8.8%
- 10-year average
- 7.5%
- All-time high (2008)
- 12%
- All-time low (2004)
- 3.7%
Trend
Inflation shows a downward trend. Compared to 2011, inflation has fallen by +4.1 percentage point.
- Change vs. previous year
- +4.1 percentage points
- Largest monthly swing
- June: +10.2 percentage points
ECB Target
Inflation is 7.3% 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 €109.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2012
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2011 |
|---|---|---|
| January | 6.7% | -5.8 |
| February | 9.2% | -1.5 |
| March | 9.1% | -0.2 |
| April | 11.8% | +5.4 |
| May | 12.6% | +8.7 |
| June | 11.0% | +10.2 |
| July | 10.8% | +9.4 |
| August | 7.9% | +7.3 |
| September | 7.7% | +5.1 |
| October | 9.4% | +5.7 |
| November | 8.1% | +2.4 |
| December | 7.2% | +1.9 |
| Average | 9.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.