Inflation Rate in Cuba decreased to 4.20 percent in 2020 from 5.60 percent in 2019. source: Rabobank

Inflation Rate in Cuba averaged 4.42 percent from 2005 until 2020, reaching an all time high of 6.90 percent in 2018 and a record low of 0.80 percent in 2008. This page provides the latest reported value for - Cuba Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cuba Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Inflation Rate in Cuba is expected to reach 2.90 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cuba Inflation Rate is projected to trend around 3.60 percent in 2022 and 4.80 percent in 2023, according to our econometric models.

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Cuba Inflation Rate

Cuba Last Unit Reference Previous Highest Lowest
Inflation Rate 4.20 percent Dec/20 5.60 6.90 0.80

Cuba Inflation Rate
In Cuba, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.