Inflation in Trinidad and Tobago
According to the latest available data, inflation softened to 8.3% in January (December: 8.7%), while the Central Bank kept the repo rate at 3.50% in March. Our panel sees inflation cooling from current levels in 2023 on a high base effect, lower commodity prices and the policy rate rising by year end. Shocks to food prices pose an upside risk.
Trinidad and Tobago Inflation Chart
This chart displays Inflation (CPI, ann. var. %, eop) for Trinidad and Tobago from 2013 to 2022.
Trinidad and Tobago Inflation Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, eop) | 1.3 | 1.0 | 0.4 | 0.8 | 3.5 |