Inflation Saint Vincent and the Grenadines 2007

Average inflation: 7.2%

Current Inflation

Inflation is very high at 7.2%, far above the ECB target.

Peak and Trough

The highest inflation was in August at 9.4%. The lowest inflation was in March at 3.9%.

Highest month
August: 9.4%
Lowest month
March: 3.9%
Difference
5.5 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 3.8% higher than the 5-year average of 3.4%. This approaches the highest level since records began (7.2% in 2007).

5-year average
3.4%
10-year average
3.1%
All-time high (2007)
7.2%
All-time low (2003)
0.2%

Trend

Inflation shows an upward trend. Compared to 2006, inflation has risen by +4.5 percentage point.

Change vs. previous year
+4.5 percentage points
Largest monthly swing
August: +7.5 percentage points

ECB Target

Inflation is 5.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €107.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Month overview

Month Inflation Difference vs. 2006
January 4.3% +0.9
February 4.9% +2.3
March 3.9% +1.7
April 5.0% +3.4
May 8.5% +6.1
June 7.2% +4.9
July 7.8% +5.9
August 9.4% +7.5
September 9.2% +7.0
October 9.2% +6.1
November 8.8% +4.4
December 8.3% +3.5
Average 7.2%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also