Papua New Guinea - Inflation, Consumer Prices (annual %)

Inflation, consumer prices (annual %) in Papua New Guinea was reported at 0.6024 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Papua New Guinea - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



Papua New Guinea - Inflation, Consumer Prices (annual %)
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Papua New Guinea | World Bank Development Indicators