The inflation rate in Trinidad and Tobago was recorded at 1.20 percent in May of 2019. Inflation Rate in Trinidad and Tobago averaged 7.14 percent from 1957 until 2019, 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.
Inflation Rate in Trinidad and Tobago is expected to be 1.50 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 1.70 in 12 months time. In the long-term, the Trinidad and Tobago Inflation Rate is projected to trend around 1.60 percent in 2020, according to our econometric models.