Inflation Gabon 2017

Average inflation: 0.7%

Current Inflation

Inflation is very low at 0.7%, well below the ECB target.

Peak and Trough

The highest inflation was in February at 1.2%. The lowest inflation was in July at 0.5%.

Highest month
February: 1.2%
Lowest month
July: 0.5%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 10.1%. The lowest price increase was in Food with an average of -0.7%.

Highest increase
Energy: 10.1%
Lowest increase
Food: -0.7%

Historical Context

Current inflation is around the 5-year average of 0.7%.

5-year average
0.7%
10-year average
1.5%
All-time high (2008)
4.1%
All-time low (2015)
-0.2%

Trend

Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+0.3 percentage point).

Change vs. previous year
+0.3 percentage points
Largest monthly swing
February: +1.3 percentage points

ECB Target

Inflation is 1.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Month overview

Month Inflation Difference vs. 2016
January 0.8% +0.8
February 1.2% +1.3
March 0.8% +0.8
April 0.8% +0.5
May 0.7% +0.4
June 0.7% +0.3
July 0.5% 0.0
August 0.7% +0.3
September 0.8% +0.4
October 0.5% 0.0
November 0.8% +0.1
December 0.5% -0.5
Average 0.7%

Data source

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

See also