Inflation Guinea 2011
Average inflation: 21.4%
Inflation in 2011
Inflation is very high at 21.4%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 23.5%. The lowest inflation was in December at 19.0%.
- Highest month
- June: 23.5%
- Lowest month
- December: 19.0%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 23.4%. The lowest price increase was in Energy with an average of 15.1%.
- Highest increase
- Food: 23.4%
- Lowest increase
- Energy: 15.1%
Historical Context
Inflation is 4.2 percentage points higher than the 5-year average of 17.2%.
- 5-year average
- 17.2%
- 10-year average
- 17.2%
- All-time high (2008)
- 26.6%
- All-time low (2009)
- 4.8%
Trend
Over the period 2009-2011, inflation shows an upward trend. Compared to 2010, inflation has risen by 6.4 percentage points.
- Change vs. previous year
- +6.4 percentage points
- Largest monthly swing
- January: +10.3 percentage points
ECB Target
Inflation is 19.4 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 GNF 100 this year will cost approximately GNF 121 next year at this inflation rate.
Multi-year trend
Monthly figures 2011
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2010 |
|---|---|---|
| January | 20.7% | +10.3 |
| February | 21.5% | +9.9 |
| March | 21.0% | +5.5 |
| April | 21.5% | +8.4 |
| May | 22.7% | +9.5 |
| June | 23.5% | +9.9 |
| July | 22.9% | +8.9 |
| August | 20.6% | +4.5 |
| September | 21.0% | +4.9 |
| October | 22.1% | +5.6 |
| November | 19.9% | +0.7 |
| December | 19.0% | -1.3 |
| Average | 21.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.