Cayman Islands: Inflation, consumer prices (annual %)
In , Cayman Islands's Inflation, consumer prices (annual %) was -0.63.
That's up 73.4% from 2015, the highest value since .
The global average for this indicator in 2016 was 7.39 .
Source: World Bank Open Data (FP.CPI.TOTL.ZG) • Data as of 2016
Trend (2010–2016)
- 2014 · Oil price collapse
Highlights
- Peak
- 2.16
- Trough
- -2.35
- 1-year change
- +73.4%
- 5-year change
- -147.2%
Historical Data — Last 10 Years
| Year | Inflation, consumer prices (annual %) |
|---|---|
| -0.6253 | |
| -2.3475 | |
| 1.2740 | |
| 2.1606 | |
| 1.1889 | |
| 1.3254 | |
| 0.2761 |
About Inflation, consumer prices (annual %)
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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Indicator code: FP.CPI.TOTL.ZG • Category: Economy
Frequently asked questions
- What was Cayman Islands's Inflation, consumer prices (annual %) in 2016?
- In 2016, Cayman Islands's Inflation, consumer prices (annual %) was -0.63, according to World Bank Open Data.
- Is Cayman Islands's Inflation, consumer prices (annual %) rising or falling?
- Cayman Islands's Inflation, consumer prices (annual %) rose 73.4% from 2015 to 2016.
- How does Cayman Islands's Inflation, consumer prices (annual %) compare to the world average?
- The global average for Inflation, consumer prices (annual %) in 2016 was 7.39, so Cayman Islands is below the world average.
- What is Inflation, consumer prices (annual %) and how is it measured?
- 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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Source: World Bank Open Data (FP.CPI.TOTL.ZG), CC BY 4.0.