Sierra Leone inflation rate for 2023 was 47.64%, a 20.43% increase from 2022.
Sierra Leone inflation rate for 2022 was 27.21%, a 15.33% increase from 2021.
Sierra Leone inflation rate for 2021 was 11.87%, a 1.57% decline from 2020.
Sierra Leone inflation rate for 2020 was 13.45%, a 1.36% 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.
