Inflation Guinea 2018

Average inflation: 9.8%

Current Inflation

Inflation is very high at 9.8%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 10.3%. The lowest inflation was in January at 9.6%.

Highest month
July: 10.3%
Lowest month
January: 9.6%
Difference
0.7 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 13.3%. The lowest price increase was in Energy with an average of 6.7%.

Highest increase
Food: 13.3%
Lowest increase
Energy: 6.7%

Historical Context

Current inflation is 0.8% higher than the 5-year average of 9.0%.

5-year average
9%
10-year average
11.3%
All-time high (2008)
26.6%
All-time low (2009)
4.8%

Trend

Inflation shows an upward trend. Compared to 2017, inflation has risen by +0.9 percentage point.

Change vs. previous year
+0.9 percentage points
Largest monthly swing
February: +1.4 percentage points

ECB Target

Inflation is 7.8% 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 €109.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food
13.3%
+3.5vs avg.
More details →
Energy
6.7%
-3.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2017
January 9.6% +1.0
February 9.7% +1.4
March 9.7% +1.3
April 9.6% +1.1
May 9.8% +1.2
June 9.9% +1.2
July 10.3% +1.3
August 9.9% +0.7
September 9.9% +0.6
October 9.8% +0.5
November 9.8% +0.4
December 9.9% +0.3
Average 9.8%

Data source

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

See also