Inflation Saint Vincent and the Grenadines 2007
Average inflation: 7.2%
Inflation in 2007
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
Inflation is 3.8 percentage points 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
Over the period 2005-2007, inflation shows an upward trend. Compared to 2006, inflation has risen by 4.5 percentage points.
- Change vs. previous year
- +4.5 percentage points
- Largest monthly swing
- August: +7.5 percentage points
ECB Target
Inflation is 5.2 percentage points 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 EC$100 this year will cost approximately EC$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.