Guinea inflation rate for 2023 was 7.81%, a 2.69% decline from 2022.
Guinea inflation rate for 2022 was 10.49%, a 2.1% decline from 2021.
Guinea inflation rate for 2021 was 12.60%, a 2% increase from 2020.
Guinea inflation rate for 2020 was 10.60%, a 1.13% 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.
