Inflation Trinidad and Tobago 2016
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 3.5%. The lowest inflation was in January at 2.4%.
- Highest month
- April: 3.5%
- Lowest month
- January: 2.4%
- Difference
- 1.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 2.2%. The lowest price increase was in Energy with an average of -0.3%.
- Highest increase
- Core inflation: 2.2%
- Lowest increase
- Energy: -0.3%
Historical Context
Current inflation is 2.5% lower than the 5-year average of 5.6%. This approaches the lowest level since records began (3.1% in 2016).
- 5-year average
- 5.6%
- 10-year average
- 7.1%
- All-time high (2008)
- 12%
- All-time low (2016)
- 3.1%
Trend
Inflation shows a downward trend. Compared to 2015, inflation has fallen by +1.6 percentage point.
- Change vs. previous year
- -1.6 percentage points
- Largest monthly swing
- January: -5.2 percentage points
ECB Target
Inflation is 1.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 2.4% | -5.2 |
| February | 3.4% | -2.8 |
| March | 3.3% | -2.0 |
| April | 3.5% | -2.2 |
| May | 3.4% | -2.2 |
| June | 3.4% | -2.2 |
| July | 2.9% | -2.7 |
| August | 3.1% | -0.9 |
| September | 3.1% | -1.8 |
| October | 2.5% | -0.7 |
| November | 2.9% | +1.5 |
| December | 3.1% | +1.6 |
| Average | 3.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.