Inflation Sierra Leone 2018
Average inflation: 16.0%
Current Inflation
Inflation is very high at 16.0%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 18.2%. The lowest inflation was in December at 14.2%.
- Highest month
- August: 18.2%
- Lowest month
- December: 14.2%
- Difference
- 4.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 17.7%. The lowest price increase was in Energy with an average of 13.2%.
- Highest increase
- Food: 17.7%
- Lowest increase
- Energy: 13.2%
Historical Context
Current inflation is 4.7% higher than the 5-year average of 11.3%.
- 5-year average
- 11.3%
- 10-year average
- 9%
- All-time high (2017)
- 18.3%
- All-time low (2014)
- 4.6%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by -2.3 percentage point.
- Change vs. previous year
- -2.3 percentage points
- Largest monthly swing
- February: -5.4 percentage points
ECB Target
Inflation is 14.0% 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 €116.00 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 | 14.7% | -4.0 |
| February | 14.4% | -5.4 |
| March | 14.9% | -5.3 |
| April | 15.1% | -4.7 |
| May | 16.0% | -2.9 |
| June | 16.6% | -2.5 |
| July | 17.7% | -0.9 |
| August | 18.2% | +0.2 |
| September | 17.8% | 0.0 |
| October | 16.1% | -0.8 |
| November | 16.6% | +0.3 |
| December | 14.2% | -1.1 |
| Average | 16.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.