Inflation Rate in Trinidad and Tobago averaged 6.97 percent from 1957 until 2021, reaching an all time high of 24.52 percent in May of 1974 and a record low of -2.61 percent in July of 1961. This page provides the latest reported value for - Trinidad and Tobago Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Trinidad and Tobago Inflation Rate - values, historical data and charts - was last updated on May of 2021.
Inflation Rate in Trinidad and Tobago is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Trinidad and Tobago to stand at 1.40 in 12 months time. In the long-term, the Trinidad and Tobago Inflation Rate is projected to trend around 1.60 percent in 2022 and 1.80 percent in 2023, according to our econometric models.