Inflation Congo 2023
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in December at 5.6%. The lowest inflation was in March at 2.9%.
- Highest month
- December: 5.6%
- Lowest month
- March: 2.9%
- Difference
- 2.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.3%. The lowest price increase was in Energy with an average of 3.3%.
- Highest increase
- Food: 4.3%
- Lowest increase
- Energy: 3.3%
Historical Context
Current inflation is 1.7% higher than the 5-year average of 2.6%.
- 5-year average
- 2.6%
- 10-year average
- 2.2%
- All-time high (2006)
- 6.8%
- All-time low (2010)
- 0.4%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +1.2 percentage point.
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- July: +2.4 percentage points
ECB Target
Inflation is 2.3% 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 €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 3.3% | +1.7 |
| February | 3.4% | +1.6 |
| March | 2.9% | -1.1 |
| April | 3.9% | +1.0 |
| May | 3.4% | -0.1 |
| June | 4.1% | +0.7 |
| July | 5.1% | +2.4 |
| August | 4.6% | +0.7 |
| September | 5.3% | +2.3 |
| October | 4.7% | +1.4 |
| November | 5.1% | +1.8 |
| December | 5.6% | +2.3 |
| Average | 4.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.