Current inflation Кыргызстан 7.2%
December 2023
Current Inflation
Inflation is very high at 10.8%, far above the ECB target.
Historical Context
Current inflation is 2.0% higher than the 5-year average of 8.8%.
- 5-year average
- 8.8%
- 10-year average
- 6.3%
- All-time high (2008)
- 24.7%
- All-time low (2016)
- 0.4%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +3.1 percentage point.
ECB Target
Inflation is 8.8% 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 €110.80 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 10.8%
- Last year
- 13.9%
- 5-year average
- 10.8%
- All-time high (2008)
- 24.7%