Kiribati inflation rate for 2021 was 2.05%, a 0.5% decline from 2020.
Kiribati inflation rate for 2020 was 2.55%, a 4.37% increase from 2019.
Kiribati inflation rate for 2019 was -1.81%, a 2.38% decline from 2018.
Kiribati inflation rate for 2018 was 0.56%, a 0.21% increase from 2017.
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.
