Democratic Republic of the Congo - Consumer price inflation

2.9 (%) in 2016

In 2016, inflation rate for Democratic Republic of the Congo was 2.9 %. Though Democratic Republic of the Congo inflation rate fluctuated substantially in recent years, it tended to increase through 1967 - 2016 period ending at 2.9 % in 2016.

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What is inflation rate?

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.

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What is Democratic Republic of the Congo inflation rate?