Inflation Solomon Islands 2017
Average inflation: 0.5%
Current Inflation
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 2.1%. The lowest inflation was in January at -2.5%.
- Highest month
- December: 2.1%
- Lowest month
- January: -2.5%
- Difference
- 4.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 0.7%. The lowest price increase was in Energy with an average of 0.7%.
- Highest increase
- Energy: 0.7%
- Lowest increase
- Energy: 0.7%
Historical Context
Current inflation is around the 5-year average of 0.2%.
- 5-year average
- 0.2%
- 10-year average
- 0.2%
- All-time high (2016)
- 0.6%
- All-time low (2015)
- -0.5%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- February: -6.5 percentage points
ECB Target
Inflation is 1.5% 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 €100.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -2.5% | -5.4 |
| February | -2.1% | -6.5 |
| March | -0.8% | -5.3 |
| April | -0.5% | -4.7 |
| May | 0.7% | -2.8 |
| June | 1.2% | +0.2 |
| July | 1.4% | +2.2 |
| August | 1.7% | +4.1 |
| September | 1.5% | +3.6 |
| October | 1.5% | +4.4 |
| November | 1.8% | +5.1 |
| December | 2.1% | +4.3 |
| Average | 0.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.