Republic of Congo inflation rate for 2023 was 4.30%, a 1.26% increase from 2022.
Republic of Congo inflation rate for 2022 was 3.04%, a 1.33% increase from 2021.
Republic of Congo inflation rate for 2021 was 1.72%, a 0.08% decline from 2020.
Republic of Congo inflation rate for 2020 was 1.80%, a 0.41% 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.