Inflation Solomon Islands 2016

Average inflation: 0.6%

Current Inflation

Inflation is very low at 0.6%, well below the ECB target.

Peak and Trough

The highest inflation was in March at 4.5%. The lowest inflation was in November at -3.3%.

Highest month
March: 4.5%
Lowest month
November: -3.3%
Difference
7.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of -1.2%. The lowest price increase was in Energy with an average of -1.2%.

Highest increase
Energy: -1.2%
Lowest increase
Energy: -1.2%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 0.0%. This approaches the highest level since records began (0.6% in 2016).

5-year average
0%
10-year average
0%
All-time high (2016)
0.6%
All-time low (2015)
-0.5%

Trend

Inflation shows an upward trend. Compared to 2015, inflation has risen by +1.1 percentage point.

Change vs. previous year
+1.1 percentage points
Largest monthly swing
April: +9.6 percentage points

ECB Target

Inflation is 1.4% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €100.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2016

Inflation by category

Energy
-1.2%
-1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2015
January 2.9% +0.4
February 4.4% +6.0
March 4.5% +6.2
April 4.2% +9.6
May 3.5% +8.8
June 1.0% +4.6
July -0.8% +0.7
August -2.4% -3.8
September -2.1% -2.3
October -2.9% -4.8
November -3.3% -6.6
December -2.2% -5.7
Average 0.6%

Data source

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

See also