Guyana inflation rate for 2023 was 2.82%, a 3.29% decline from 2022.
Guyana inflation rate for 2022 was 6.12%, a 1.08% increase from 2021.
Guyana inflation rate for 2021 was 5.03%, a 4.04% increase from 2020.
Guyana inflation rate for 2020 was 0.99%, a 1.09% 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.
