The annual inflation rate of Jamaica rose to 7.5% in August 2026 from 7.5% in the previous month, hitting the highest level since January 2023. Inflation Rate in Jamaica averaged 8.08 percent from 2002 until 2026, reaching an all time high of 26.49 percent in August of 2008 and a record low of 1.20 percent in August of 2025. source: Statistical Institute of Jamaica

Inflation Rate in Jamaica increased to 7.90 percent in August from 7.50 percent in July of 2026.

Inflation Rate in Jamaica increased to 7.90 percent in August from 7.50 percent in July of 2026. Inflation Rate in Jamaica is expected to be 9.00 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 6.20 percent in 2027 and 4.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Consumer Price Index CPI 153.60 152.70 points Aug 2026
CPI Housing Utilities 133.90 134.90 points Aug 2026
CPI Transportation 149.60 148.60 points Aug 2026
Food Inflation 10.25 9.44 percent Aug 2026
Inflation Rate YoY 7.90 7.50 percent Aug 2026
Inflation Rate MoM 0.60 1.20 percent Aug 2026


Jamaica Inflation Rate
In Jamaica, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (37 percent of total weight). Housing and Utilities account for 13 percent; Transport for 13 percent; Miscellaneous Goods and Services for 8 percent; Restaurants and Hotels for 6 percent and Furniture, Household Goods and Maintenance for 5 percent. Communication; Recreation and Culture; Clothing and Footwear; Clothing and Footwear; Education and Alcoholic beverages and Tobacco account for the remaining 18 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.50 26.49 1.20 2002 - 2026 percent Monthly
2019=100