Burkina Faso inflation rate for 2023 was 0.74%, a 13.55% decline from 2022.
Burkina Faso inflation rate for 2022 was 14.29%, a 10.64% increase from 2021.
Burkina Faso inflation rate for 2021 was 3.65%, a 1.77% increase from 2020.
Burkina Faso inflation rate for 2020 was 1.88%, a 5.12% increase from 2019.
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.
