The inflation rate in Guinea was recorded at 9.10 percent in December of 2019. Guinea Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Inflation Rate in Guinea averaged 13.26 percent from 1987 until 2019, reaching an all time high of 42.60 percent in July of 2005 and a record low of 0.50 percent in February of 1997. This page provides - Guinea Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Inflation Rate in Guinea is expected to be 9.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Guinea to stand at 8.30 in 12 months time. In the long-term, the Guinea Inflation Rate is projected to trend around 8.70 percent in 2021 and 8.90 percent in 2022, according to our econometric models.

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Guinea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.10 9.30 42.60 0.50 1987 - 2019 percent Monthly

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