Current inflation South Sudan 112.6%
October 2024
Current Inflation
Inflation is very high at 65.0%, far above the ECB target.
Historical Context
Current inflation is 43.8% higher than the 5-year average of 21.2%.
- 5-year average
- 21.2%
- 10-year average
- 93.1%
- All-time high (2016)
- 351.5%
- All-time low (2022)
- -6.5%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by +62.3 percentage point.
ECB Target
Inflation is 63.0% 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 €165.00 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 65.0%
- Last year
- 2.7%
- 5-year average
- 65.0%
- All-time high (2016)
- 351.5%