Algeria inflation rate for 2023 was 9.32%, a 0.06% increase from 2022.
Algeria inflation rate for 2022 was 9.27%, a 2.04% increase from 2021.
Algeria inflation rate for 2021 was 7.23%, a 4.81% increase from 2020.
Algeria inflation rate for 2020 was 2.42%, a 0.46% 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.
