Inflation Suriname 2018

Average inflation: 6.9%

Current Inflation

Inflation is very high at 6.9%, far above the ECB target.

Peak and Trough

The highest inflation was in February at 9.6%. The lowest inflation was in October at 5.2%.

Highest month
February: 9.6%
Lowest month
October: 5.2%
Difference
4.4 percentage points
Months with data
10 of 12

Category Insights

The highest price increase was in Food with an average of 8.9%. The lowest price increase was in Energy with an average of 0.8%.

Highest increase
Food: 8.9%
Lowest increase
Energy: 0.8%

Historical Context

Current inflation is 12.3% lower than the 5-year average of 19.2%.

5-year average
19.2%
10-year average
12.8%
All-time high (2016)
55.2%
All-time low (2009)
0%

Trend

Inflation shows a downward trend. Compared to 2017, inflation has fallen by +16.9 percentage point.

Change vs. previous year
-16.9 percentage points
Largest monthly swing
January: -39.4 percentage points

ECB Target

Inflation is 4.9% 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 €106.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food
8.9%
+2.0vs avg.
More details →
Energy
0.8%
-6.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2017
January 9.1% -39.4
February 9.6% -35.5
March 8.7% -32.9
April 7.9% -23.0
July 6.0% -13.3
August 6.2% -10.0
September 5.5% -6.2
October 5.2% -5.6
November 5.5% -3.7
December 5.4% -3.9
Average 6.9%

Data source

Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.

See also