Palau inflation rate for 2023 was 12.80%, a 0.45% increase from 2022.
Palau inflation rate for 2022 was 12.35%, a 9.74% increase from 2021.
Palau inflation rate for 2021 was 2.61%, a 2.39% increase from 2020.
Palau inflation rate for 2020 was 0.22%, a 0.05% 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.
