Grenada inflation rate for 2023 was 2.70%, a 0.12% increase from 2022.
Grenada inflation rate for 2022 was 2.58%, a 1.36% increase from 2021.
Grenada inflation rate for 2021 was 1.22%, a 1.96% increase from 2020.
Grenada inflation rate for 2020 was -0.74%, a 1.34% decline from 2019.
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.
