Grenada - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Grenada was 3.03 as of 2011. As the graph below shows, over the past 34 years this indicator reached a maximum value of 21.82 in 1980 and a minimum value of -0.87 in 1987.

Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1977 18.46
1978 18.14
1979 20.88
1980 21.82
1981 18.79
1982 7.81
1983 6.10
1984 5.66
1985 2.50
1986 0.56
1987 -0.87
1988 4.00
1989 5.59
1990 2.72
1991 2.64
1992 3.78
1993 2.81
1994 3.77
1995 1.87
1996 2.03
1997 1.24
1998 1.38
1999 0.58
2000 2.18
2001 3.14
2002 -0.43
2003 2.23
2004 2.23
2005 3.53
2006 4.26
2007 3.86
2008 8.03
2009 -0.31
2010 3.44
2011 3.03

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Grenada was 3.13 as of 2011. As the graph below shows, over the past 33 years this indicator reached a maximum value of 34.47 in 2000 and a minimum value of -1.37 in 1990.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1978 20.17
1979 9.36
1980 7.25
1981 4.22
1982 3.27
1983 3.26
1984 3.82
1985 7.74
1986 3.76
1987 4.47
1988 6.69
1989 8.85
1990 -1.37
1991 6.82
1992 4.18
1993 2.44
1994 1.80
1995 2.97
1996 2.49
1997 -1.07
1998 4.90
1999 1.20
2000 34.47
2001 2.14
2002 0.37
2003 -0.09
2004 1.66
2005 2.84
2006 4.66
2007 2.32
2008 7.86
2009 -0.23
2010 1.09
2011 3.13

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices