Inflation Lesotho 2024
Average inflation: 6.1%
Current Inflation
Inflation is very high at 6.1%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.2%. The lowest inflation was in December at 3.7%.
- Highest month
- January: 8.2%
- Lowest month
- December: 3.7%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 8.8%. The lowest price increase was in Energy with an average of 2.7%.
- Highest increase
- Food: 8.8%
- Lowest increase
- Energy: 2.7%
Historical Context
Current inflation is around the 5-year average of 6.4%.
- 5-year average
- 6.4%
- 10-year average
- 5.6%
- All-time high (2008)
- 10.7%
- All-time low (2009)
- -16.5%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.3 percentage point.
- Change vs. previous year
- -0.3 percentage points
- Largest monthly swing
- December: -3.5 percentage points
ECB Target
Inflation is 4.1% 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 €106.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 8.2% | +1.4 |
| February | 7.3% | -0.1 |
| March | 7.4% | +0.6 |
| April | 7.1% | +0.4 |
| May | 6.3% | -0.6 |
| June | 6.5% | +0.9 |
| July | 6.7% | +2.2 |
| August | 6.0% | +0.8 |
| September | 5.2% | -0.6 |
| October | 4.7% | -1.8 |
| November | 4.4% | -2.4 |
| December | 3.7% | -3.5 |
| Average | 6.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.