Inflation Rate in Cayman Islands decreased to 9.20 percent in the third quarter of 2022 from 12.10 percent in the second quarter of 2022. source: The Economics & Statistics Office

Inflation Rate in Cayman Islands averaged 2.25 percent from 2001 until 2022, reaching an all time high of 12.10 percent in the second quarter of 2022 and a record low of -3.60 percent in the second quarter of 2015. This page provides - Cayman Islands Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Inflation Rate - values, historical data and charts - was last updated on February of 2023.

Inflation Rate in Cayman Islands is expected to be 8.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Inflation Rate is projected to trend around 3.00 percent in 2024, according to our econometric models.

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Cayman Islands Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 9.20 12.10 percent Sep 2022

Cayman Islands Inflation Rate
In Cayman Islands, the most important category in the consumer price index is Housing and Utilities (33 percent of total weight). Transport accounts for 16 percent; Miscellaneous Goods and Services for 10 percent; Restaurants and Hotels for 8 percent; Food and Non-Alcoholic Beverages for 7 percent; Furniture, Household Goods and Maintenance for 4 percent; Communication for 4 percent and Education for 4 percent. Clothing and Footwear; Alcoholic Beverages and Tobacco and Health account for the remaining 8 percent.
Actual Previous Highest Lowest Dates Unit Frequency
9.20 12.10 12.10 -3.60 2001 - 2022 percent Quarterly
Sept 2016=100