Inflation Guinea 2022

Average inflation: 10.5%

Current Inflation

Inflation is very high at 10.5%, far above the ECB target.

Peak and Trough

The highest inflation was in June at 12.5%. The lowest inflation was in August at 8.5%.

Highest month
June: 12.5%
Lowest month
August: 8.5%
Difference
4.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 15.7%. The lowest price increase was in Food with an average of 13.8%.

Highest increase
Energy: 15.7%
Lowest increase
Food: 13.8%

Historical Context

Current inflation is around the 5-year average of 10.6%.

5-year average
10.6%
10-year average
10%
All-time high (2008)
26.6%
All-time low (2009)
4.8%

Trend

Inflation has remained relatively stable. Compared to 2021, the difference is minimal (-2.1 percentage point).

Change vs. previous year
-2.1 percentage points
Largest monthly swing
August: -5.0 percentage points

ECB Target

Inflation is 8.5% 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 €110.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
13.8%
+3.3vs avg.
More details →
Energy
15.7%
+5.2vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2021
January 11.8% -0.8
February 12.3% -0.3
March 12.4% +0.1
April 11.0% -1.4
May 11.1% -1.3
June 12.5% +0.3
July 12.4% +0.1
August 8.5% -5.0
September 8.5% -4.6
October 8.7% -4.0
November 8.6% -4.0
December 8.6% -3.9
Average 10.5%

Data source

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

See also