Inflation Rate in Jamaica averaged 8.50 percent from 2002 until 2021, reaching an all time high of 26.49 percent in August of 2008 and a record low of 1.60 percent in November of 2016. This page provides - Jamaica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Jamaica Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Inflation Rate in Jamaica is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Jamaica to stand at 4.20 in 12 months time. In the long-term, the Jamaica Inflation Rate is projected to trend around 4.50 percent in 2022 and 4.00 percent in 2023, according to our econometric models.