Current inflation Trinidad and Tobago 0.7%
February 2025
Current Inflation
Inflation is very low at 0.7%, well below the ECB target.
Historical Context
Current inflation is 2.1% lower than the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 2.1%
- All-time high (2008)
- 12%
- All-time low (2024)
- 0.5%
Trend
Inflation shows a downward trend. Compared to 2024, inflation has fallen by +0.2 percentage point.
ECB Target
Inflation is 1.3% 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 €100.70 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 0.7%
- Last year
- 0.5%
- 5-year average
- 0.7%
- All-time high (2008)
- 12%