Inflation Rate in Guinea decreased to 12.31 percent in March from 12.60 percent in February of 2021. source: Institut National de la Statistique de Guinée

Inflation Rate in Guinea averaged 13.17 percent from 1987 until 2021, 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 May of 2021.

Inflation Rate in Guinea is expected to be 13.60 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 8.70 in 12 months time. In the long-term, the Guinea Inflation Rate is projected to trend around 8.00 percent in 2022 and 7.10 percent in 2023, according to our econometric models.

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Guinea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.31 12.60 42.60 0.50 1987 - 2021 percent Monthly

Guinea Prices Last Previous Highest Lowest Unit
Inflation Rate 12.31 12.60 42.60 0.50 percent [+]
Cpi Housing Utilities 777.10 775.50 777.10 100.70 points [+]
CPI Transportation 710.00 710.00 741.40 101.60 points [+]
Consumer Price Index CPI 1272.50 1261.80 1272.50 104.40 points [+]
Core Consumer Prices 766.00 757.20 766.00 372.80 points [+]
Core Inflation Rate 10.80 11.00 15.20 -4.70 percent [+]
Food Inflation 13.80 14.20 15.20 8.77 percent [+]
Inflation Rate Mom 0.80 1.20 8.90 -3.20 percent [+]


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.