Latin America and Caribbean Energy Inflation Report

In 2025, energy inflation was almost half (0.83%) of that recorded in 2024 (1.51%), but nearly double that of 2023 (0.46%).

  • Consumer price indices for the energy basket in LAC showed greater volatility in 2024 than in 2025.

 

  • In 2025, the trend of LAC’s Monthly Energy Inflation Index (IIEM) decoupled from the trajectory of international fuel price indices (IPIC) during 2025.

 

  • This shows that LAC’s IIEM depends more heavily on national policies for setting final consumer energy prices than on international conditions.

 

Source: Prepared in-house based on information from the Statistics Institutes and Central Banks of OLACDE Member Countries.

Full report: https://www.olacde.org/publicaciones/marzo-2026reporte-n-22-inflacion-energetica-de-america-latina-y-el-caribe-ie-lac/

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Latin America and Caribbean Energy Inflation Report

Newsletter summary

In 2025, energy inflation was almost half (0.83%) of that recorded in 2024 (1.51%), but nearly double that of 2023 (0.46%). Consumer price indices for the energy basket in LAC showed greater volatility in 2024 than in 2025.   In 2025, the trend of LAC’s Monthly Energy Inflation Index (IIEM) decoupled from the trajectory of […]

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