Development of inflation rates in the Central African Republic
The inflation rate for consumer prices in the Central African Republic moved over the past 34 years between -7.0% and 37.1%. For 2015, an inflation rate of 37.1% was calculated.
During the observation period from 1981 to 2015, the average inflation rate was 5.3%
per year. Overall, the price increase was 408.03 %. An item that cost 100 Franc in 1981 was so charged 508.03 Franc in the beginning of 2016.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Central Africa