Central African Republic inflation rate for 2023 was 2.98%, a 2.6% decline from 2022.
Central African Republic inflation rate for 2022 was 5.58%, a 1.32% increase from 2021.
Central African Republic inflation rate for 2021 was 4.26%, a 2.55% increase from 2020.
Central African Republic inflation rate for 2020 was 1.71%, a 0.98% 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.