Jamaica Inflation Rate  2002-2018 | Data | Chart | Calendar | Forecast

Consumer prices in Jamaica increased 5.2 percent year-on-year in December of 2017, following a 5.0 percent advance in the previous month. It was the fourth straight increase and highest inflation rate since January of 2015. The upturn was mainly explained by faster price climbs in the divisions of: food & non-alcoholic beverages (6.7 percent vs 6.3 percent in November), rentals for housing (2.7 percent vs 2.5 percent), footwear (3.3 percent vs 3.1 percent), utilities (8.5 percent vs 8.2 percent), household appliances (2.4 percent vs 1.8 percent), and transport (3.5 percent vs 2.9 percent). In contrast, inflation for education (2.2 percent), and restaurants (2.8 percent) remained unchanged, whereas prices for health services increased at a softer pace of 1.2 percent (vs 1.7 percent). On a monthly basis, consumer prices went up 0.6 percent for the second straight month. Inflation Rate in Jamaica averaged 9.41 percent from 2002 until 2017, 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
2017-11-21 12:00 AM Inflation Rate YoY 4.7% 4.6% 4.50%
2017-12-15 09:00 PM Inflation Rate YoY 5.0% 4.7% 4.60%
2018-01-15 09:15 PM Inflation Rate YoY 5.2% 5.0% 5.30%
2018-02-15 09:30 PM Inflation Rate YoY 5.2% 5.50%
2018-03-15 02:30 PM Inflation Rate YoY 5.70%
2018-04-16 09:30 PM Inflation Rate YoY 6%


Jamaica Prices Last Previous Highest Lowest Unit
Inflation Rate 5.20 5.00 26.49 1.60 percent [+]
Inflation Rate Mom 0.60 0.60 3.30 -0.70 percent [+]
Food Inflation 6.70 6.30 35.00 0.10 percent [+]
Cpi Transportation 210.00 209.90 212.40 100.40 Index Points [+]
Consumer Price Index Cpi 248.70 247.30 248.70 60.90 Index Points [+]
Cpi Housing Utilities 239.00 236.20 239.00 96.30 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.00 26.49 1.60 2002 - 2017 percent Monthly
2006=100




inflation rate by Country
Country Last
Australia 1.80 Sep/17
Brazil 2.95 Dec/17
Canada 2.10 Nov/17
China 1.80 Dec/17
Euro Area 1.40 Dec/17
France 1.20 Dec/17
Germany 1.70 Dec/17
India 5.21 Dec/17
Indonesia 3.61 Dec/17
Italy 0.90 Dec/17
Japan 0.60 Nov/17
Mexico 6.77 Dec/17
Netherlands 1.30 Dec/17
Russia 2.50 Dec/17
South Korea 1.50 Dec/17
Spain 1.10 Dec/17
Switzerland 0.80 Dec/17
Turkey 11.92 Dec/17
United Kingdom 3.00 Dec/17
United States 2.10 Dec/17


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