Average inflation measured by CPI reached -3.23 % in 2019 in Burkina Faso, according to the National Statistical Office. This is 265 % less than in the previous year.
Historically, average inflation measured by CPI in Burkina Faso reached an all time high of 30.0 % in 1977 and an all time low of -8.40 % in 1976. When compared to Burkina Faso's main peers, average inflation measured by CPI in Ghana amounted to 7.18 %, 0.806 % in Ivory Coast, -2.89 % in Mali and -2.52 % in Niger in 2019.
Burkina Faso has been ranked 174th within the group of 175 countries we follow in terms of average inflation measured by CPI, 42 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) 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.