The annual inflation rate in Solomon Islands climbed to 4.2% in March 2026 from 2.6% in the previous month, marking the highest reading since September 2025. Inflation Rate in Solomon Islands averaged 2.90 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. source: Central Bank of Solomon Islands (CBSI)

Related	Last	Previous	Unit	Reference
Consumer Price Index CPI	131.00	135.30	Index	Mar 2026
Core Inflation Rate	1.90	2.20	percent	Mar 2026
CPI Housing Utilities	145.30	149.40	points	Mar 2026
CPI Transportation	118.10	118.70	points	Mar 2026
Food Inflation	1.80	2.40	percent	Mar 2026
Inflation Rate	4.20	2.60	percent	Mar 2026
Inflation Rate MoM	-3.20	0.00	percent	Mar 2026

Solomon Islands Inflation Rate

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%).