Inflation Rate in Gambia increased to 5.58 percent in October from 5.18 percent in September of 2020. source: GBoS - Gambia Bureau of Statistics

Inflation Rate in Gambia averaged 8.08 percent from 1962 until 2020, reaching an all time high of 75.64 percent in August of 1986 and a record low of -10.91 percent in July of 1964. This page provides - Gambia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Inflation Rate - values, historical data and charts - was last updated on November of 2020.

Inflation Rate in Gambia is expected to be 4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Gambia to stand at 6.30 in 12 months time. In the long-term, the Gambia Inflation Rate is projected to trend around 5.60 percent in 2021 and 6.00 percent in 2022, according to our econometric models.

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Gambia Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.58 5.18 75.64 -10.91 1962 - 2020 percent Monthly
2020M1=100, NSA

Gambia Prices Last Previous Highest Lowest Unit
Inflation Rate 5.58 5.18 75.64 -10.91 percent [+]
Food Inflation 7.00 5.20 10.00 4.57 percent [+]
Inflation Rate Mom 1.30 0.19 1.30 -0.57 percent [+]
GDP Deflator 148.23 138.34 148.23 69.76 points [+]
Consumer Price Index CPI 104.29 103.44 104.29 43.99 points [+]
Cpi Housing Utilities 101.09 100.53 101.09 45.99 points [+]
Cpi Transportation 102.55 102.20 102.63 40.73 points [+]


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