T&T’s inflation rate for July 2025, which measures the percentage change in the all-items index for the month of July 2025 over July 2024, was 1.5 per cent, according to the latest data released by the Central Statistical Office (CSO).
The inflation rate for July remained unchanged from the previous period (June 2025/June 2024). The inflation rate for the comparative period (July 2024/July 2023) was 0.3 per cent.
The all-items index for July 2025 climbed to 125.7, reflecting a modest increase of 0.1 point or 0.1 per cent compared to June 2025.
The CSO said while the overall index ticked upward, the food and non-alcoholic beverages category, one of the largest components of household spending, decreased by 0.6 per cent, falling from 155.5 in June to 154.6 in July.
This decline was driven primarily by price reductions in several key grocery items, including fresh whole chickens, cucumber, fresh carite, Irish potatoes, parboiled rice, garlic, sweet potatoes, soya bean oil, fresh steak, and hot peppers.
However, the downward pressure on food prices was partially offset by increases in the cost of tomatoes, ochroes, melongene, green sweet pepper, eddoes, melon, pumpkin, carbonated soft drinks, oranges and pimento. The net effect of these movements contributed to a 0.2-point decline in the food and non-alcoholic beverage sub-index.
Beyond the food sector, price changes across other expenditure categories were mixed:
Decreases were recorded in:
• Alcoholic beverages and tobacco down 0.2 per cent; and
• Clothing and footwear: down 0.6 per cent.
Increases were noted in:
• Housing, water, electricity, gas and other fuels up 0.2 per cent;
• Furnishings, household equipment and routine maintenance up 0.8 per cent;
• Health up 0.8 per cent;
• Transport up 0.2 per cent;
• Recreation and culture up 0.7 per cent;
• Hotels, cafés and restaurants up 0.1 per cent; and
• Miscellaneous Goods and Services up 0.5 per cent.
It noted these incremental changes suggest underlying inflationary pressures remain present in key service sectors, even as food prices offer some relief to consumers.
The CSO’s monthly all-items index tracks the movement of prices for a standard basket of goods and services to assess inflation trends across T&T.
