The inflation rate in Eritrea was recorded at 9 percent in 2018.

Inflation Rate in Eritrea averaged 13.40 percent from 1993 until 2018, reaching an all time high of 34.70 percent in 2009 and a record low of -1.38 percent in 1993. This page provides the latest reported value for - Eritrea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation Rate in Eritrea is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Inflation Rate is projected to trend around 12.50 percent in 2020, according to our econometric models.

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Eritrea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.00 34.70 -1.38 1993 - 2018 percent Yearly

Eritrea Inflation Rate
In Eritrea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.