Inflation Rate (CPI): Grenada

Analysis# Grenada Inflation Rate (CPI) Grenada's inflation rate stands at 1.1% in 2026, reflecting a dramatically stable price environment compared to its volatile past. The nation's peak inflation of 21.8% in 1980 contrasts sharply with the current modest level, while a deflationary dip of -1% in 2014 marked the low point. Since 1980, inflation has declined 95%, transforming Grenada from a high-inflation economy to one characterized by price stability. The period from 2017 to 2020 saw notably subdued inflation, with rates dropping below 1% before briefly rising to 2.7% in 2023 amid global pressures. Since then, inflation has moderated back toward 1%, suggesting Grenada's economy has stabilized around low single-digit inflation. Forward projections indicate this pattern will persist, with the rate holding steady around 1.1% through 2026.