Inflation Guinea 2017

Average inflation: 8.9%

Current Inflation

Inflation is very high at 8.9%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 9.6%. The lowest inflation was in February at 8.3%.

Highest month
December: 9.6%
Lowest month
February: 8.3%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 13.6%. The lowest price increase was in Energy with an average of 3.8%.

Highest increase
Food: 13.6%
Lowest increase
Energy: 3.8%

Historical Context

Current inflation is 0.5% lower than the 5-year average of 9.4%.

5-year average
9.4%
10-year average
13%
All-time high (2008)
26.6%
All-time low (2009)
4.8%

Trend

Inflation shows a downward trend. Compared to 2016, inflation has fallen by +0.7 percentage point.

Change vs. previous year
+0.7 percentage points
Largest monthly swing
January: +1.2 percentage points

ECB Target

Inflation is 6.9% 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 €108.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2017

Inflation by category

Food
13.6%
+4.7vs avg.
More details →
Energy
3.8%
-5.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2016
January 8.6% +1.2
February 8.3% +0.8
March 8.4% +0.7
April 8.5% +0.6
May 8.6% +0.4
June 8.7% +0.4
July 9.0% +0.6
August 9.2% +0.8
September 9.3% +0.8
October 9.3% +0.7
November 9.4% +0.8
December 9.6% +0.9
Average 8.9%

Data source

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

See also