Inflation Guinea 2008

Average inflation: 26.6%

Current Inflation

Inflation is very high at 26.6%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 109.1%. The lowest inflation was in February at 11.2%.

Highest month
January: 109.1%
Lowest month
February: 11.2%
Difference
97.9 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 24.6%. The lowest price increase was in Energy with an average of 16.6%.

Highest increase
Food: 24.6%
Lowest increase
Energy: 16.6%

Historical Context

Current inflation is 4.1% higher than the 5-year average of 22.5%. This approaches the highest level since records began (26.6% in 2008).

5-year average
22.5%
10-year average
22.5%
All-time high (2008)
26.6%
All-time low (2007)
18.3%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +8.3 percentage point.

Change vs. previous year
+8.3 percentage points
Largest monthly swing
January: +134.9 percentage points

ECB Target

Inflation is 24.6% 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 €100 this year will cost approximately €126.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Inflation by category

Food
24.6%
-2.0vs avg.
More details →
Energy
16.6%
-10.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2007
January 109.1% +134.9
February 11.2% -27.4
March 13.0% -23.7
April 22.9% -11.3
May 25.0% +3.0
June 24.6% +6.3
July 23.3% +5.9
August 21.4% +4.5
September 20.7% +3.6
October 20.0% +3.7
November 14.9% -0.4
December 13.5% +0.6
Average 26.6%

Data source

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

See also