Inflation Central African Republic 2023
Average inflation: 3.1%
Current Inflation
Inflation is high at 3.1%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 10.3%. The lowest inflation was in April at -3.3%.
- Highest month
- January: 10.3%
- Lowest month
- April: -3.3%
- Difference
- 13.6 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is around the 5-year average of 3.5%.
- 5-year average
- 3.5%
- 10-year average
- 4.5%
- All-time high (2014)
- 14.9%
- All-time low (2007)
- 1%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +2.5 percentage point.
- Change vs. previous year
- -2.5 percentage points
- Largest monthly swing
- April: -14.3 percentage points
ECB Target
Inflation is 1.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 10.3% | +10.0 |
| February | 8.2% | +5.9 |
| March | 5.3% | +1.9 |
| April | -3.3% | -14.3 |
| May | 2.9% | -1.5 |
| June | 2.4% | -1.6 |
| July | 2.1% | -4.1 |
| August | 1.0% | -6.1 |
| September | 1.6% | -3.8 |
| October | 3.1% | -4.6 |
| November | 1.0% | -6.7 |
| December | 2.3% | -5.3 |
| Average | 3.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.