Inflation Trinidad and Tobago 2019
Average inflation: 1.0%
Current Inflation
Inflation is low at 1.0%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in March at 1.5%. The lowest inflation was in November at 0.3%.
- Highest month
- March: 1.5%
- Lowest month
- November: 0.3%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 1.8%. The lowest price increase was in Energy with an average of -0.0%.
- Highest increase
- Food: 1.8%
- Lowest increase
- Energy: -0.0%
Historical Context
Current inflation is 1.3% lower than the 5-year average of 2.3%. This approaches the lowest level since records began (1.0% in 2019).
- 5-year average
- 2.3%
- 10-year average
- 2.9%
- All-time high (2014)
- 5.7%
- All-time low (2019)
- 1%
Trend
Inflation has remained relatively stable. Compared to 2018, the difference is minimal (+0.0 percentage point).
- Change vs. previous year
- +0.0 percentage points
- Largest monthly swing
- March: +0.7 percentage points
ECB Target
Inflation is 1.0% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €101.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 1.4% | +0.6 |
| February | 1.2% | +0.3 |
| March | 1.5% | +0.7 |
| April | 0.9% | -0.2 |
| May | 1.1% | +0.1 |
| June | 1.1% | +0.2 |
| July | 1.1% | -0.1 |
| August | 1.2% | +0.2 |
| September | 1.1% | 0.0 |
| October | 0.6% | -0.4 |
| November | 0.3% | -0.7 |
| December | 0.4% | -0.6 |
| Average | 1.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.