Bahamas inflation rate for 2023 was 3.05%, a 2.55% decline from 2022.
Bahamas inflation rate for 2022 was 5.61%, a 2.7% increase from 2021.
Bahamas inflation rate for 2021 was 2.90%, a 2.87% increase from 2020.
Bahamas inflation rate for 2020 was 0.04%, a 2.45% decline 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.
