Inflation Trinidad and Tobago 2017
Average inflation: 1.9%
Current Inflation
Inflation is low at 1.9%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in January at 3.6%. The lowest inflation was in September at 1.2%.
- Highest month
- January: 3.6%
- Lowest month
- September: 1.2%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 8.6%. The lowest price increase was in Energy with an average of 0.1%.
- Highest increase
- Food: 8.6%
- Lowest increase
- Energy: 0.1%
Historical Context
Current inflation is 2.2% lower than the 5-year average of 4.1%. This approaches the lowest level since records began (1.9% in 2017).
- 5-year average
- 4.1%
- 10-year average
- 6.5%
- All-time high (2008)
- 12%
- All-time low (2017)
- 1.9%
Trend
Inflation shows a downward trend. Compared to 2016, inflation has fallen by +1.2 percentage point.
- Change vs. previous year
- -1.2 percentage points
- Largest monthly swing
- September: -1.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 3.6% | +1.2 |
| February | 2.6% | -0.8 |
| March | 2.7% | -0.6 |
| April | 1.8% | -1.7 |
| May | 1.7% | -1.7 |
| June | 1.5% | -1.9 |
| July | 1.4% | -1.5 |
| August | 1.4% | -1.7 |
| September | 1.2% | -1.9 |
| October | 1.6% | -0.9 |
| November | 1.7% | -1.2 |
| December | 1.3% | -1.8 |
| Average | 1.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.