Current inflation République démocratique du Congo 14.2%
February 2017
Current Inflation
Inflation is very high at 14.2%, far above the ECB target.
Historical Context
Inflation is 10.4 percentage points 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
Over the period 2015-2017, inflation shows an upward trend. Compared to 2016, average inflation in 2017 through February has risen by 10.3 percentage points.
ECB Target
Inflation is 12.2 percentage points 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 CDF 100 this year will cost approximately CDF 114.20 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2017 through February
- 13.2%
- Last year
- 2.9%
- 5-year average
- 3.8%
- All-time high (2017)
- 13.2%