Trinidad and Tobago Inflation Rate

The inflation rate in Trinidad and Tobago was recorded at 6.90 percent in March of 2013. Inflation Rate in Trinidad and Tobago is reported by the Central Statistical Office, Trinidad and Tobago. Historically, from 1957 until 2013, Trinidad and Tobago Inflation Rate averaged 7.56 Percent reaching an all time high of 24.50 Percent in May of 1974 and a record low of -2.60 Percent in July of 1961. In Trinidad and Tobago, the inflation rate measures a broad rise or fall in retail prices. This page includes a chart with historical data for Inflation Rate in Trinidad and Tobago.

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Inflation Rate | Notes

The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.






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