Inflation Tonga 2008
Average inflation: 10.5%
Current Inflation
Inflation is very high at 10.5%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 12.6%. The lowest inflation was in December at 6.4%.
- Highest month
- May: 12.6%
- Lowest month
- December: 6.4%
- Difference
- 6.2 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 3.0% higher than the 5-year average of 7.5%. This approaches the highest level since records began (10.5% in 2008).
- 5-year average
- 7.5%
- 10-year average
- 7.5%
- All-time high (2008)
- 10.5%
- All-time low (2007)
- 5.8%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.7 percentage point.
- Change vs. previous year
- +4.7 percentage points
- Largest monthly swing
- February: +8.8 percentage points
ECB Target
Inflation is 8.5% 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 €110.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 10.6% | +7.3 |
| February | 12.2% | +8.8 |
| March | 12.0% | +8.1 |
| April | 12.0% | +7.1 |
| May | 12.6% | +7.4 |
| June | 12.2% | +6.5 |
| July | 9.3% | +2.7 |
| August | 10.9% | +3.9 |
| September | 10.3% | +2.2 |
| October | 9.5% | +1.8 |
| November | 7.9% | +0.5 |
| December | 6.4% | -0.4 |
| Average | 10.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.