Inflation Rate in Jamaica decreased to 10.90 percent in May from 11.80 percent in April of 2022. source: Statistical Institute of Jamaica

Inflation Rate in Jamaica averaged 8.51 percent from 2002 until 2022, 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. This page provides - Jamaica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Inflation Rate in Jamaica is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Inflation Rate is projected to trend around 4.00 percent in 2023, according to our econometric models.

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Jamaica Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 10.90 11.80 percent May 2022
Inflation Rate Mom 0.30 -0.10 percent May 2022
Food Inflation 13.85 14.64 percent May 2022
CPI Transportation 118.40 117.50 points May 2022
CPI Housing Utilities 116.20 119.70 points May 2022
Consumer Price Index CPI 120.90 120.40 points May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
10.90 11.80 26.49 1.60 2002 - 2022 percent Monthly