Current inflation République démocratique du Congo 14.2%
February 2017
Current Inflation
Inflation is very high at 13.2%, far above the ECB target.
Historical Context
Current inflation is 9.4% higher than the 5-year average of 3.8%. This approaches the highest level since records began (13.2% in 2017).
- 5-year average
- 3.8%
- 10-year average
- 3.8%
- All-time high (2017)
- 13.2%
- All-time low (2015)
- 0.8%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +10.3 percentage point.
ECB Target
Inflation is 11.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €113.20 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 13.2%
- Last year
- 2.9%
- 5-year average
- 13.2%
- All-time high (2017)
- 13.2%