Inflation Saint Vincent and the Grenadines 2008
Average inflation: 10.1%
Current Inflation
Inflation is very high at 10.1%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 11.6%. The lowest inflation was in November at 8.7%.
- Highest month
- March: 11.6%
- Lowest month
- November: 8.7%
- Difference
- 2.9 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.8% higher than the 5-year average of 5.3%. This approaches the highest level since records began (10.1% in 2008).
- 5-year average
- 5.3%
- 10-year average
- 4.1%
- All-time high (2008)
- 10.1%
- All-time low (2003)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.9 percentage point.
- Change vs. previous year
- +2.9 percentage points
- Largest monthly swing
- March: +7.7 percentage points
ECB Target
Inflation is 8.1% 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 €110.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 9.4% | +5.1 |
| February | 10.1% | +5.2 |
| March | 11.6% | +7.7 |
| April | 10.2% | +5.2 |
| May | 9.4% | +0.9 |
| June | 10.9% | +3.7 |
| July | 10.5% | +2.7 |
| August | 10.1% | +0.7 |
| September | 11.6% | +2.4 |
| October | 9.6% | +0.4 |
| November | 8.7% | -0.1 |
| December | 8.7% | +0.4 |
| Average | 10.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.