Micronesia inflation rate for 2022 was 5.41%, a 2.22% increase from 2021.
Micronesia inflation rate for 2021 was 3.19%, a 2.64% increase from 2020.
Micronesia inflation rate for 2020 was 0.55%, a 1.37% decline from 2019.
Micronesia inflation rate for 2019 was 1.92%, a 0.43% increase from 2018.
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.
