The Consumer Price Index in Jamaica increased 0.50 percent in December of 2019 over the previous month. Inflation Rate Mom in Jamaica averaged 0.70 percent from 2002 until 2019, reaching an all time high of 3.30 percent in October of 2004 and a record low of -1 percent in December of 2018.
Inflation Rate Mom in Jamaica is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Jamaica to stand at 1.30 in 12 months time. In the long-term, the Jamaica Inflation Rate MoM is projected to trend around 1.40 percent in 2020, according to our econometric models.