The inflation rate in Solomon Islands eased to 3.9% year-on-year in May from 4.2% in the previous two months, marking the softest growth in three months. On a monthly basis, consumer prices grew by 0.7%, slowing from a 1.8% increase in April. source: Central Bank of Solomon Islands (CBSI)
Inflation Rate in Solomon Islands averaged 2.92 percent from 2017 until 2026, reaching an all time high of 9.70 percent in November of 2022 and a record low of -3.20 percent in February of 2021. This page includes a chart with historical data for Solomon Islands Inflation Rate. Solomon Islands Inflation Rate - values, historical data and charts - was last updated on August of 2026.
In Solomon Islands, the most important category in the Consumer Price Index is Food & Non-alcoholic Beverages (34% of total weight). Transport accounts for 18%; Housing, Water, Electricity, Gas & Other Fuels for 17%; Alcoholic, Beverages & Tobacco Narcotics for 12%; Communications for 6% and Furnish, Household Equipment & Routine Household Maintenance for 3%. Others include: Education (3%), Clothing & Footwear (3%), Miscellaneous Goods & Services (2%), Restaurants & Hotels (1%), Recreation & Culture (1%) and Health (0.30%).
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
3.90 |
4.20 |
9.70 |
-3.20 |
2017 - 2026 |
percent |
Monthly |
NSA
|