The inflation rate in Guinea was recorded at 11.30 percent in July of 2020.

Inflation Rate in Guinea averaged 13.21 percent from 1987 until 2020, reaching an all time high of 42.60 percent in July of 2005 and a record low of 0.50 percent in February of 1997. This page provides - Guinea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Inflation Rate - values, historical data and charts - was last updated on September of 2020.

Inflation Rate in Guinea is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Guinea to stand at 8.40 in 12 months time. In the long-term, the Guinea Inflation Rate is projected to trend around 8.30 percent in 2021 and 8.00 percent in 2022, according to our econometric models.

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Guinea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.30 11.30 42.60 0.50 1987 - 2020 percent Monthly

Guinea Prices Last Previous Highest Lowest Unit
Inflation Rate 11.30 11.30 42.60 0.50 percent [+]
Inflation Rate Mom 1.20 0.60 8.90 -3.20 percent [+]
Food Inflation 13.00 13.20 14.40 8.77 percent [+]
Consumer Price Index CPI 1194.20 1180.40 1194.20 104.40 points [+]
Core Consumer Prices 733.60 731.40 733.60 372.80 points [+]
Core Inflation Rate 9.50 9.40 15.20 -4.70 percent [+]
Cpi Housing Utilities 720.70 697.20 723.00 100.70 points [+]
CPI Transportation 741.00 741.00 741.40 101.60 points [+]


Guinea Inflation Rate
In Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.