Jamaica

Inflation

5.2
percent change in the consumer price index
Dec 60Dec 64Dec 68Dec 72Dec 76Dec 80Dec 84Dec 88Dec 92Dec 96Dec 00Dec 04Dec 08Dec 12Dec 16Dec 200.00020.0040.0060.0080.00
  • Jamaica
  • Global Median
Source: IMF

Definition of Inflation

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.

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