Development of inflation rates in New Caledonia
The inflation rate for consumer prices in New Caledonia moved over the past 5 years between 0.2% and 2.4%. For 2016, an inflation rate of 0.6% was calculated.
During the observation period from 2011 to 2016, the average inflation rate was 1.4%
per year. Overall, the price increase was 6.96 %. An item that cost 100 Franc in 2011 was so charged 106.96 Franc in the beginning of 2017.
As the price increases are consistently in the positive range, this means that goods and services in the country have become increasingly more expensive over the years. Overall, the price increases in New Caledonia are still nothing out of the ordinary.Back to overview: New Caledonia