In 2017, inflation rate for Trinidad and Tobago was 1.9 %. Though Trinidad and Tobago inflation rate fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 1.9 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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. Data for inflation are averages for the year, not end-of-period data.
Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.