Inflation Niger 2020
Average inflation: 2.9%
Current Inflation
Inflation is normal at 2.9%, around the ECB target.
Peak and Trough
The highest inflation was in August at 5.7%. The lowest inflation was in January at 0.1%.
- Highest month
- August: 5.7%
- Lowest month
- January: 0.1%
- Difference
- 5.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -0.2%. The lowest price increase was in Energy with an average of -0.2%.
- Highest increase
- Energy: -0.2%
- Lowest increase
- Energy: -0.2%
Historical Context
Current inflation is 1.3% higher than the 5-year average of 1.6%. This approaches the highest level since records began (3.0% in 2018).
- 5-year average
- 1.6%
- 10-year average
- 1.2%
- All-time high (2018)
- 3%
- All-time low (2019)
- -2.5%
Trend
Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+5.4 percentage point).
- Change vs. previous year
- +5.4 percentage points
- Largest monthly swing
- August: +9.3 percentage points
ECB Target
Inflation is 0.9% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.1% | +1.8 |
| February | 0.3% | +1.1 |
| March | 1.2% | +2.5 |
| April | 2.4% | +5.2 |
| May | 2.8% | +6.3 |
| June | 2.6% | +6.3 |
| July | 5.1% | +8.6 |
| August | 5.7% | +9.3 |
| September | 5.3% | +8.2 |
| October | 3.3% | +5.1 |
| November | 2.9% | +4.7 |
| December | 3.1% | +5.4 |
| Average | 2.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.