Inflation Kiribati 2008
Average inflation: 13.7%
Current Inflation
Inflation is very high at 13.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 25.1%. The lowest inflation was in January at 1.0%.
- Highest month
- August: 25.1%
- Lowest month
- January: 1.0%
- Difference
- 24.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.0%. The lowest price increase was in Energy with an average of 0.0%.
- Highest increase
- Energy: 0.0%
- Lowest increase
- Energy: 0.0%
Historical Context
Current inflation is 5.0% higher than the 5-year average of 8.7%. This approaches the highest level since records began (13.7% in 2008).
- 5-year average
- 8.7%
- 10-year average
- 8.7%
- All-time high (2008)
- 13.7%
- All-time low (2007)
- 3.6%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +10.1 percentage point.
- Change vs. previous year
- +10.1 percentage points
- Largest monthly swing
- December: +24.2 percentage points
ECB Target
Inflation is 11.7% 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 €113.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 1.0% | -5.1 |
| February | 2.1% | -3.0 |
| March | 3.6% | -0.8 |
| April | 4.6% | +1.2 |
| May | 6.7% | +3.7 |
| June | 10.1% | +5.4 |
| July | 17.0% | +13.4 |
| August | 25.1% | +22.8 |
| September | 22.6% | +18.8 |
| October | 22.9% | +19.4 |
| November | 24.4% | +21.1 |
| December | 24.2% | +24.2 |
| Average | 13.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.