Inflation Guinea 2014
Average inflation: 6.3%
Inflation in 2014
Inflation is very high at 6.3%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 10.2%. The lowest inflation was in December at -1.5%.
- Highest month
- January: 10.2%
- Lowest month
- December: -1.5%
- Difference
- 11.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 6.7%. The lowest price increase was in Energy with an average of 5.1%.
- Highest increase
- Food: 6.7%
- Lowest increase
- Energy: 5.1%
Historical Context
Inflation is 7.7 percentage points lower than the 5-year average of 14.0%.
- 5-year average
- 14%
- 10-year average
- 15%
- All-time high (2008)
- 26.6%
- All-time low (2009)
- 4.8%
Trend
Over the period 2012-2014, inflation shows a downward trend. Compared to 2013, inflation has fallen by 5.6 percentage points.
- Change vs. previous year
- -5.6 percentage points
- Largest monthly swing
- December: -12.0 percentage points
ECB Target
Inflation is 4.3 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 106 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 10.2% | -2.9 |
| February | 10.2% | -2.7 |
| March | 10.0% | -3.0 |
| April | 10.2% | -2.8 |
| May | 9.9% | -2.3 |
| June | 8.8% | -3.2 |
| July | 7.3% | -4.9 |
| August | 5.5% | -6.2 |
| September | 3.1% | -8.3 |
| October | 1.5% | -9.3 |
| November | 0.0% | -10.3 |
| December | -1.5% | -12.0 |
| Average | 6.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.