Inflation Nicaragua 2022
Average inflation: 10.5%
Current Inflation
Inflation is very high at 10.5%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 12.2%. The lowest inflation was in January at 7.7%.
- Highest month
- August: 12.2%
- Lowest month
- January: 7.7%
- Difference
- 4.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.7%. The lowest price increase was in Energy with an average of 6.5%.
- Highest increase
- Food: 15.7%
- Lowest increase
- Energy: 6.5%
Historical Context
Current inflation is 4.6% higher than the 5-year average of 5.9%.
- 5-year average
- 5.9%
- 10-year average
- 5.4%
- All-time high (2008)
- 19.9%
- All-time low (2016)
- 3.5%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +5.6 percentage point.
- Change vs. previous year
- +5.6 percentage points
- Largest monthly swing
- July: +7.4 percentage points
ECB Target
Inflation is 8.5% 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 €110.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 7.7% | +4.5 |
| February | 7.8% | +4.0 |
| March | 8.7% | +4.6 |
| April | 9.9% | +5.5 |
| May | 10.6% | +6.6 |
| June | 10.4% | +6.5 |
| July | 11.5% | +7.4 |
| August | 12.2% | +7.2 |
| September | 11.5% | +5.6 |
| October | 12.2% | +5.8 |
| November | 11.4% | +4.3 |
| December | 11.6% | +4.4 |
| Average | 10.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.