Inflation Saint Vincent and the Grenadines 2016

Average inflation: -0.1%

Current Inflation

There is deflation with consumer prices declining by 0.1%.

Peak and Trough

The highest inflation was in December at 1.0%. The lowest inflation was in January at -2.6%.

Highest month
December: 1.0%
Lowest month
January: -2.6%
Difference
3.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -1.5%. The lowest price increase was in Energy with an average of -1.5%.

Highest increase
Energy: -1.5%
Lowest increase
Energy: -1.5%

Historical Context

Current inflation is around the 5-year average of 0.4%.

5-year average
0.4%
10-year average
2.4%
All-time high (2008)
10.1%
All-time low (2015)
-1.7%

Trend

Inflation has remained relatively stable. Compared to 2015, the difference is minimal (+1.6 percentage point).

Change vs. previous year
+1.6 percentage points
Largest monthly swing
November: +3.5 percentage points

ECB Target

Inflation is 2.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

Due to deflation, purchasing power increases. Money becomes more valuable instead of less.

What you could buy for €100 this year will cost approximately €99.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Month overview

Month Inflation Difference vs. 2015
January -2.6% -2.4
February -1.3% -0.2
March -0.7% +1.1
April -1.0% +1.2
May -0.1% +1.7
June 0.9% +2.7
July 0.1% +1.8
August 0.0% +1.9
September 0.6% +2.3
October 0.7% +2.7
November 0.9% +3.5
December 1.0% +3.1
Average -0.1%

Data source

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

See also