Inflation Rate in Guinea decreased to 13.05 percent in September from 13.48 percent in August of 2021. source: Institut National de la Statistique de Guinée

Inflation Rate in Guinea averaged 13.16 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 October of 2021.

Inflation Rate in Guinea is expected to be 13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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

Guinea Last Unit Reference Previous Highest Lowest
Inflation Rate 13.05 percent Sep/21 13.48 42.60 0.50
CPI Transportation 740.80 points Sep/21 741.10 741.40 101.60
Cpi Housing Utilities 768.20 points Sep/21 771.40 782.30 100.70
Consumer Price Index CPI 1360.80 points Sep/21 1357.40 1360.80 104.40
Inflation Rate Mom 1.20 percent Aug/21 1.20 8.90 -3.20
Food Inflation 17.00 percent Aug/21 15.90 17.00 8.77
Core Inflation Rate 9.00 percent Jul/21 8.70 15.20 -4.70
Core Consumer Prices 799.20 points Jul/21 795.40 799.20 372.80

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.