Inflation Rate in Guinea decreased to 10.67 percent in November from 10.76 percent in October of 2020. source: Institut National de la Statistique de Guinée

Inflation Rate in Guinea averaged 13.18 percent from 1987 until 2020, reaching an all time high of 42.60 percent in July of 2005 and a record low of 0.50 percent in February of 1997. This page provides - Guinea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Inflation Rate - values, historical data and charts - was last updated on January of 2021.

Inflation Rate in Guinea is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Guinea to stand at 8.30 in 12 months time. In the long-term, the Guinea Inflation Rate is projected to trend around 8.00 percent in 2022, according to our econometric models.

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Guinea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.67 10.76 42.60 0.50 1987 - 2020 percent Monthly

Guinea Prices Last Previous Highest Lowest Unit
Inflation Rate 10.67 10.76 42.60 0.50 percent [+]
Inflation Rate Mom 0.20 1.20 8.90 -3.20 percent [+]
Food Inflation 12.50 13.00 14.40 8.77 percent [+]
Consumer Price Index CPI 1216.60 1210.30 1216.60 104.40 points [+]
Core Consumer Prices 738.20 733.60 738.20 372.80 points [+]
Core Inflation Rate 10.10 9.50 15.20 -4.70 percent [+]
Cpi Housing Utilities 738.90 736.40 738.90 100.70 points [+]
CPI Transportation 711.40 711.40 741.40 101.60 points [+]


Guinea Inflation Rate
In Guinea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.