Jamaica’s inflation is trending well within the 4-6% annualised target, with the latest point-to-point inflation rate for August 2024 to August 2025 being 1.2 per cent.
This was influenced mainly by the point-to-point inflation rate for the divisions: ‘Restaurant and Accommodation Services’ (5.2%), ‘Education’ (9.8%) and ‘Information and Communication’ (-5.8 %).
Inflation for August 2025, as measured by the All-Jamaica Consumer Price Index (CPI), increased by a mere 0.3 per cent when compared to July 2025.
The Statistical Institute of Jamaica (STATIN), which measures Jamaica’s inflation, says the main contributor to the increase was a 0.8 per cent rise in the index for the ‘Food and Non-Alcoholic Beverages’ division.
The main contributor to this upward movement was a 0.9 per cent increase in the index for the ‘Food’ group. This resulted in higher prices for produce such as watermelon, pineapple, papaya, sweet potato, Irish potato, green banana and cabbage.
Also of note was the 0.9 per cent increase in the index for ‘Recreation, Sports and Culture’ division, due to increased prices for textbooks and stationery.
These increases were tempered, however, by a 0.4 per cent decline in the index for the ‘Housing, Water, Electricity, Gas and Other Fuels’ division, due to lower electricity rates.
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