Inflation Solomon Islands 2018
Average inflation: 3.5%
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Peak and Trough
The highest inflation was in February at 5.2%. The lowest inflation was in May at 2.0%.
- Highest month
- February: 5.2%
- Lowest month
- May: 2.0%
- Difference
- 3.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.1%. The lowest price increase was in Energy with an average of 2.1%.
- Highest increase
- Energy: 2.1%
- Lowest increase
- Energy: 2.1%
Historical Context
Current inflation is 2.5% higher than the 5-year average of 1.0%. This approaches the highest level since records began (3.5% in 2018).
- 5-year average
- 1%
- 10-year average
- 1%
- All-time high (2018)
- 3.5%
- All-time low (2015)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +3.0 percentage point.
- Change vs. previous year
- +3.0 percentage points
- Largest monthly swing
- February: +7.3 percentage points
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.5% | +6.0 |
| February | 5.2% | +7.3 |
| March | 3.3% | +4.1 |
| April | 3.2% | +3.7 |
| May | 2.0% | +1.3 |
| June | 2.2% | +1.0 |
| July | 2.4% | +1.0 |
| August | 3.1% | +1.4 |
| September | 4.4% | +2.9 |
| October | 4.1% | +2.6 |
| November | 4.5% | +2.7 |
| December | 3.8% | +1.7 |
| Average | 3.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.