Nicaragua inflation rate for 2023 was 8.39%, a 2.08% decline from 2022.
Nicaragua inflation rate for 2022 was 10.47%, a 5.54% increase from 2021.
Nicaragua inflation rate for 2021 was 4.93%, a 1.25% increase from 2020.
Nicaragua inflation rate for 2020 was 3.68%, a 1.69% 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.
