Inflation Saint Vincent and the Grenadines 2003
Average inflation: 0.2%
Current Inflation
Inflation is very low at 0.2%, well below the ECB target.
Peak and Trough
The highest inflation was in November at 2.8%. The lowest inflation was in March at -1.9%.
- Highest month
- November: 2.8%
- Lowest month
- March: -1.9%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 0.9% lower than the 5-year average of 1.1%. This approaches the lowest level since records began (0.2% in 2003).
- 5-year average
- 1.1%
- 10-year average
- 1.1%
- All-time high (2002)
- 1.9%
- All-time low (2003)
- 0.2%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +1.7 percentage point.
- Change vs. previous year
- -1.7 percentage points
- Largest monthly swing
- March: -4.3 percentage points
ECB Target
Inflation is 1.8% 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 €100.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | -0.8% | -2.7 |
| February | -1.2% | -3.7 |
| March | -1.9% | -4.3 |
| April | -1.7% | -3.5 |
| May | -0.2% | -1.5 |
| June | 1.2% | -0.5 |
| July | 1.0% | -0.1 |
| August | -0.4% | -3.6 |
| September | -0.6% | -2.8 |
| October | 2.1% | +1.1 |
| November | 2.8% | +2.0 |
| December | 2.2% | -0.2 |
| Average | 0.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.