Inflation Chad 2023
Average inflation: 10.8%
Current Inflation
Inflation is very high at 10.8%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 12.9%. The lowest inflation was in January at 8.5%.
- Highest month
- December: 12.9%
- Lowest month
- January: 8.5%
- Difference
- 4.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.0%. The lowest price increase was in Core inflation with an average of -0.2%.
- Highest increase
- Food: 15.0%
- Lowest increase
- Core inflation: -0.2%
Historical Context
Current inflation is 6.9% higher than the 5-year average of 3.9%. This approaches the highest level since records began (10.8% in 2023).
- 5-year average
- 3.9%
- 10-year average
- 2.8%
- All-time high (2023)
- 10.8%
- All-time low (2017)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +5.0 percentage point.
- Change vs. previous year
- +5.0 percentage points
- Largest monthly swing
- April: +8.5 percentage points
ECB Target
Inflation is 8.8% 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 €110.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 8.5% | +6.5 |
| February | 8.7% | +6.5 |
| March | 9.7% | +6.4 |
| April | 12.5% | +8.5 |
| May | 10.9% | +6.0 |
| June | 10.3% | +5.1 |
| July | 10.2% | +4.1 |
| August | 10.2% | +2.5 |
| September | 11.9% | +4.7 |
| October | 12.7% | +4.4 |
| November | 11.3% | +1.3 |
| December | 12.9% | +4.6 |
| Average | 10.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.