Consumer prices in Jamaica increased at a much faster pace of 4.3 percent year-on-year in September 2018, following a 3.9 percent jump in the previous month. It was the highest inflation in seven months, mainly explained by a 10.5 percent increase in prices for utilities (vs 8.5 percent in August), as costs of electricity, gas & fuels soared 15.9 percent (vs 12.9 percent). Also, the food & beverages group index climbed 4.1 percent following a 3.6 percent climb in the previous month, with prices of fruits jumping 10.4 percent (vs 9.0 percent). Meantime, prices for health services (1.3 percent), clothing (2.2 percent), transport (3.6 percent), and household appliances (3.6 percent) remained rising below average and at the same rate compared to August. On a monthly basis, consumer prices increased 1.1 percent after climbing 0.9 percent in the previous month. Inflation Rate in Jamaica averaged 9.16 percent from 2002 until 2018, reaching an all time high of 26.49 percent in August of 2008 and a record low of 1.60 percent in November of 2016.

Jamaica Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 10:30 PM Inflation Rate YoY 3.2% 2.8% 2.5%
2018-09-18 10:15 PM Inflation Rate YoY 3.9% 3.2% 3.3%
2018-10-18 10:00 PM Inflation Rate YoY 4.3% 3.9% 4.2%
2018-11-21 12:00 AM Inflation Rate YoY 4.3% 4.0%
2018-12-14 06:00 PM Inflation Rate YoY 4.1%


Jamaica Prices Last Previous Highest Lowest Unit
Inflation Rate 4.30 3.90 26.49 1.60 percent [+]
Inflation Rate Mom 1.10 0.90 3.30 -0.70 percent [+]
Food Inflation 4.10 3.60 35.00 0.10 percent [+]
Cpi Housing Utilities 259.10 247.70 259.10 96.30 Index Points [+]
Cpi Transportation 215.90 215.30 215.90 100.40 Index Points [+]
Consumer Price Index Cpi 255.60 252.80 255.60 60.90 Index Points [+]


Jamaica Inflation Rate

In Jamaica, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (37.4 percent of total weight). Housing and Utilities accounts for 12.8 percent; Transport for 12.8 percent; Miscellaneous Goods and Services for 8.4 percent; Restaurants and Hotels for 6.2 percent and Furniture, Household Goods and Maintenance for 4.9 percent. Communication ; Recreation and Culture; Clothing and Footwear; Clothing and Footwear; Education and Alcoholic beverages and Tobacco account for the remaining 17.5 percent of total weight. This page provides - Jamaica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
4.30 3.90 26.49 1.60 2002 - 2018 percent Monthly
2006=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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