The Consumer Price Index has increased with 0.1% from February 2013 to March 2013, according to the most recent price data release by the General Bureau for Statistics. Inflation measured on a yearly basis was just 1.4%. This is a lowest in the past three years.
The 12-month inflation rate has continued to come down since the third quarter of 2011. Earlier that year the exchange rate adjustment and a step-up in fuel prices had contributed to large bouts in the inflation rate. As strict fiscal and monetary policies were carried out, to protect the purchasing power of the Surinamese dollar, these inflation spikes proved to be temporary. Since second quarter 2012 inflation rates of below 4% have been registered for most of the months; in 2013 the rates have come down to 3% and below.