Inflation Rate – Annual

    *Date Courtesy of the Statistical Institute of Jamaica

    Last Updated Jan. 17, 2017

    Image shows data from 2001 to 2016. 

    Inflation is calculated as the change in the Consumer Price Index (CPI).  The CPI is defined by STATIN (the Statistical Institute of Jamaica) as a basket of goods typically purchased by the Jamaican consumer and can therefore be used as a reliable indicator of the movement of prices in Jamaican society.  

    The prices vary from town to town, parish to parish, but the monthly percentage changes in this chart are a national indicator.  The methods used by STATIN are continuously updated in order to maintain international standards. 

    The Annual Inflation Rate represents inflation data collected and processed by STATIN.  Please Note: This data represents inflation information for the Calendar Years and NOT Fiscal Years.