Inflation Djibouti 2008

Average inflation: 6.4%

Inflation in 2008

Inflation is very high at 6.4%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 7.6%. The lowest inflation was in December at 3.7%.

Highest month
February: 7.6%
Lowest month
December: 3.7%
Difference
3.9 percentage points
Months with data
12 of 12

Historical Context

Inflation is 3.1 percentage points higher than the 5-year average of 3.3%.

5-year average
3.3%
10-year average
2.9%
All-time high (1993)
20.9%
All-time low (2003)
0.1%

Trend

Over the period 2006-2008, inflation shows an upward trend. Compared to 2007, inflation has risen by 3.5 percentage points.

Change vs. previous year
+3.5 percentage points
Largest monthly swing
January: +6.3 percentage points

ECB Target

Inflation is 4.4 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 DJF 100 this year will cost approximately DJF 106 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Month overview

Month Inflation Difference vs. 2007
January 7.5% +6.3
February 7.6% +6.1
March 7.1% +5.3
April 6.7% +4.2
May 6.8% +4.4
June 6.8% +4.4
July 6.9% +4.5
August 6.4% +3.9
September 6.5% +3.6
October 5.9% +1.8
November 4.4% -0.7
December 3.7% -1.7
Average 6.4%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also