Inflation Solomon Islands 2019
Average inflation: 1.6%
Current Inflation
Inflation is low at 1.6%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in October at 2.8%. The lowest inflation was in February at -0.3%.
- Highest month
- October: 2.8%
- Lowest month
- February: -0.3%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 5.7%. The lowest price increase was in Energy with an average of 5.7%.
- Highest increase
- Energy: 5.7%
- Lowest increase
- Energy: 5.7%
Historical Context
Current inflation is around the 5-year average of 1.1%.
- 5-year average
- 1.1%
- 10-year average
- 1.1%
- All-time high (2018)
- 3.5%
- All-time low (2015)
- -0.5%
Trend
Inflation shows an upward trend. Compared to 2018, inflation has risen by -1.9 percentage point.
- Change vs. previous year
- -1.9 percentage points
- Largest monthly swing
- February: -5.5 percentage points
ECB Target
Inflation is 0.4% 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 €101.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 2.4% | -1.1 |
| February | -0.3% | -5.5 |
| March | 1.2% | -2.1 |
| April | 0.3% | -2.9 |
| May | 1.2% | -0.8 |
| June | 1.4% | -0.8 |
| July | 1.9% | -0.5 |
| August | 1.8% | -1.3 |
| September | 1.5% | -2.9 |
| October | 2.8% | -1.3 |
| November | 2.8% | -1.7 |
| December | 2.7% | -1.1 |
| Average | 1.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.