Inflation Saint Vincent and the Grenadines 2004
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in April at 4.2%. The lowest inflation was in December at 1.7%.
- Highest month
- April: 4.2%
- Lowest month
- December: 1.7%
- Difference
- 2.5 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 1.3% higher than the 5-year average of 1.7%. This approaches the highest level since records began (3.0% in 2004).
- 5-year average
- 1.7%
- 10-year average
- 1.7%
- All-time high (2004)
- 3%
- All-time low (2003)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2003, inflation has risen by +2.8 percentage point.
- Change vs. previous year
- +2.8 percentage points
- Largest monthly swing
- March: +6.0 percentage points
ECB Target
Inflation is 1.0% 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 €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 3.4% | +4.2 |
| February | 2.6% | +3.8 |
| March | 4.1% | +6.0 |
| April | 4.2% | +5.9 |
| May | 3.1% | +3.3 |
| June | 2.4% | +1.2 |
| July | 2.4% | +1.4 |
| August | 2.5% | +2.9 |
| September | 3.8% | +4.4 |
| October | 3.3% | +1.2 |
| November | 2.0% | -0.8 |
| December | 1.7% | -0.5 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.