Current inflation Tchad 3.6%
December 2024
Current Inflation
Inflation is very high at 9.0%, far above the ECB target.
Historical Context
Current inflation is 3.1% higher than the 5-year average of 5.9%.
- 5-year average
- 5.9%
- 10-year average
- 3.5%
- All-time high (2023)
- 10.8%
- All-time low (2017)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2023, inflation has risen by -1.8 percentage point.
ECB Target
Inflation is 7.0% 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 €109.00 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 9.0%
- Last year
- 10.8%
- 5-year average
- 9.0%
- All-time high (2023)
- 10.8%