Inflation Saint Vincent and the Grenadines 2018
Average inflation: 2.3%
Inflation in 2018
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in March at 3.1%. The lowest inflation was in December at 1.4%.
- Highest month
- March: 3.1%
- Lowest month
- December: 1.4%
- Difference
- 1.7 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.7 percentage points higher than the 5-year average of 0.6%.
- 5-year average
- 0.6%
- 10-year average
- 1.1%
- All-time high (2008)
- 10.1%
- All-time low (2015)
- -1.7%
Trend
Over the period 2016-2018, inflation shows an upward trend. Compared to 2017, inflation has risen by 0.1 percentage points.
- Change vs. previous year
- +0.1 percentage points
- Largest monthly swing
- March: +1.7 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 EC$100 this year will cost approximately EC$102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 2.7% | +0.8 |
| February | 2.8% | +1.1 |
| March | 3.1% | +1.7 |
| April | 2.7% | -0.2 |
| May | 2.0% | -0.8 |
| June | 2.4% | +0.9 |
| July | 2.0% | -0.1 |
| August | 2.2% | +0.2 |
| September | 2.3% | +0.4 |
| October | 2.3% | 0.0 |
| November | 1.9% | -0.5 |
| December | 1.4% | -1.6 |
| Average | 2.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.