Inflation Algeria 2008
Average inflation: 4.9%
Current Inflation
Inflation is high at 4.9%, well above the ECB target.
Peak and Trough
The highest inflation was in May at 6.7%. The lowest inflation was in July at 2.6%.
- Highest month
- May: 6.7%
- Lowest month
- July: 2.6%
- Difference
- 4.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 7.6%. The lowest price increase was in Energy with an average of 1.1%.
- Highest increase
- Food: 7.6%
- Lowest increase
- Energy: 1.1%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 3.6%. This approaches the highest level since records began (4.9% in 2008).
- 5-year average
- 3.6%
- 10-year average
- 3.6%
- All-time high (2008)
- 4.9%
- All-time low (2006)
- 2.3%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.2 percentage point.
- Change vs. previous year
- +1.2 percentage points
- Largest monthly swing
- May: +5.4 percentage points
ECB Target
Inflation is 2.9% 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 €104.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 4.5% | +2.1 |
| February | 4.8% | +1.5 |
| March | 5.9% | +2.8 |
| April | 6.3% | +4.7 |
| May | 6.7% | +5.4 |
| June | 4.1% | +0.8 |
| July | 2.6% | -2.2 |
| August | 4.6% | +0.2 |
| September | 4.7% | -0.7 |
| October | 4.1% | -0.8 |
| November | 5.2% | +0.4 |
| December | 4.9% | +0.1 |
| Average | 4.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.