Inflation in Trinidad and Tobago
Trinidad and Tobago - InflationHigher capacity in the energy sector contributed to what was likely solid growth in the first quarter of the year. Stronger average natural gas, LNG and petrochemical production in Q1 should have boosted growth in the oil economy, despite a sustained decline in crude oil output. Looking at the non-oil economy, the recovery appears sluggish. Private sector credit growth slowed in March on falling business loans, although consumer and mortgage lending gained steam; however, lower motor vehicle sales in January–April points to softer private consumption. More positively however, government infrastructure projects should have lifted construction activity, as evidenced by a pick-up in cement sales in Q1.
Trinidad & Tobago - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Trinidad & Tobago Facts
|Exchange Rate||6.78||0.39 %||Jul 11|
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