Jamaica inflation rate (CPI)
All Jamaica Consumer Price Index point-to-point (12-month) inflation rate, produced monthly by the Statistical Institute of Jamaica (STATIN), base period 2019=100. Bank of Jamaica's inflation target is 4.0-6.0 per cent.
| Current value | 5.5 percent (point-to-point, YoY) |
|---|---|
| In force from | 2026-05-01 |
| Official source | Bank of Jamaica — Monetary Policy Press Release, June 2026 (MPC meeting 25-26 June 2026), citing STATIN: headline inflation at May 2026 was '5.5 per cent, which was above the Bank's most recent projection', the fourth consecutive month of upward-trending inflation in 2026; core inflation 4.7 per cent versus 3.9 per cent at January 2026; target range 4.0-6.0 per cent |
| Last verified | 2026-07-23 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
SERVED MONTH IS MAY 2026 (5.5%), the newest point-to-point figure that appears in an official document I could actually read. DO NOT SERVE AS FACT: press reports of 15 July 2026 (Jamaica Observer, Mayberry Investments) attribute to STATIN a JUNE 2026 point-to-point rate of 6.7 per cent — up from 5.5 per cent in May, the first breach of BOJ's 4-6 per cent target range since February 2024 and reportedly a 29-month high — alongside a +0.8 per cent month-on-month CPI move driven by a 4.3 per cent rise in Transport after route-taxi and hackney-carriage fares rose 8.0 per cent effective 2 June 2026, +0.7 per cent in Food and Non-Alcoholic Beverages and +0.5 per cent in Housing/Water/Electricity/Gas. STATIN's press-release index does list a June 2026 CPI release and its preview line confirms the +0.8 per cent monthly move, but the 6.7 per cent point-to-point figure itself could not be read from any STATIN document — see access problem below. Promote 6.7% (effective_from 2026-06-01) to current only once it is read off a STATIN release or a BOJ publication. ACCESS PROBLEM: statinja.gov.jm serves its CPI data tables through ASP.NET __doPostBack TreeView navigation with no stable URLs (e.g. the point-to-point table is only reachable as postback target 'Consumer Price Index, Base Period = 2019\289'), and candidate direct URLs such as /Trade-Econ Statistics/CPI/PointtoPoint.aspx and /InflationRates.aspx return HTTP 404; the press-release listing page (https://statinja.gov.jm/PressReleases.aspx?field1=cpi) shows only truncated preview snippets. BOJ's own inflation page (https://boj.org.jm/statistics/real-sector/inflation/) publishes the series as downloadable Excel only, with no figures in the HTML. The reliable readable channel for Jamaican headline inflation is therefore the BOJ Monetary Policy Press Release, which quotes STATIN's latest point-to-point outturn each cycle — next one due with the 19 August 2026 decision, which should confirm the June and July 2026 figures.
Earlier values
| From | Value | Source |
|---|---|---|
| 2026-02-01 | 3.9 | Bank of Jamaica — Monetary Policy Press Release, March 2026, |
| 2026-04-01 | 4.3 | Bank of Jamaica — Monetary Policy Press Release, May 2026, c |
Get it programmatically
curl https://latamref.dev/v1/jm/cpi
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://latamref.dev/v1/jm/cpi/history?from=2020-01-01
# Provenance: curl https://latamref.dev/provenance/jm/cpiOther Jamaica series: policy interest rate · VAT rate · minimum wage · public holidays · corporate tax rate · income tax rates