Inflation Trinidad and Tobago 2013

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 7.3%. The lowest inflation was in October at 2.7%.

Highest month
January: 7.3%
Lowest month
October: 2.7%
Difference
4.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 2.4%. The lowest price increase was in Energy with an average of 0.1%.

Highest increase
Core inflation: 2.4%
Lowest increase
Energy: 0.1%

Historical Context

Current inflation is 2.3% lower than the 5-year average of 7.5%.

5-year average
7.5%
10-year average
7.6%
All-time high (2008)
12%
All-time low (2004)
3.7%

Trend

Inflation has remained relatively stable. Compared to 2012, the difference is minimal (-4.1 percentage point).

Change vs. previous year
-4.1 percentage points
Largest monthly swing
July: -7.0 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 2013

Inflation by category

Food
1.9%
-3.3vs avg.
More details →
Energy
0.1%
-5.1vs avg.
More details →
Core inflation
2.4%
-2.8vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2012
January 7.3% +0.6
February 5.9% -3.3
March 6.9% -2.2
April 5.5% -6.3
May 5.6% -7.0
June 6.8% -4.2
July 3.8% -7.0
August 5.1% -2.8
September 3.0% -4.7
October 2.7% -6.7
November 4.4% -3.7
December 5.6% -1.6
Average 5.2%

Data source

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

See also