Inflation Niger 2022

Average inflation: 4.2%

Current Inflation

Inflation is high at 4.2%, well above the ECB target.

Peak and Trough

The highest inflation was in May at 5.5%. The lowest inflation was in October at 3.0%.

Highest month
May: 5.5%
Lowest month
October: 3.0%
Difference
2.5 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 1.3%. The lowest price increase was in Energy with an average of 1.3%.

Highest increase
Energy: 1.3%
Lowest increase
Energy: 1.3%

Historical Context

Current inflation is 1.9% higher than the 5-year average of 2.3%. This approaches the highest level since records began (4.2% in 2022).

5-year average
2.3%
10-year average
1.7%
All-time high (2022)
4.2%
All-time low (2019)
-2.5%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +0.4 percentage point.

Change vs. previous year
+0.4 percentage points
Largest monthly swing
May: +2.6 percentage points

ECB Target

Inflation is 2.2% 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 €104.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Month overview

Month Inflation Difference vs. 2021
January 5.3% +1.6
February 4.8% +0.1
March 5.3% +1.4
April 5.3% +1.9
May 5.5% +2.6
June 4.7% +1.0
July 3.8% 0.0
August 3.4% -0.3
September 3.2% -0.2
October 3.0% -0.6
November 3.5% -0.9
December 3.1% -1.8
Average 4.2%

Data source

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

See also