Current inflation السودان 63.3%
February 2023
Current Inflation
Inflation is very high at 73.4%, far above the ECB target.
Historical Context
Current inflation is 86.9% lower than the 5-year average of 160.3%.
- 5-year average
- 160.3%
- 10-year average
- 96.9%
- All-time high (2021)
- 359.7%
- All-time low (2001)
- 1.9%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +90.9 percentage point.
ECB Target
Inflation is 71.4% 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 €173.40 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 73.4%
- Last year
- 164.3%
- 5-year average
- 73.4%
- All-time high (2021)
- 359.7%