Average inflation measured by CPI reached -2.52 % in 2019 in Niger, according to the National Statistical Office. This is 192 % less than in the previous year.
Historically, average inflation measured by CPI in Niger reached an all time high of 35.5 % in 1994 and an all time low of -6.64 % in 1987. When compared to Niger's main peers, average inflation measured by CPI in Algeria amounted to 1.95 %, -0.972 % in Chad, 4.56 % in Libya and -2.89 % in Mali in 2019.
Niger has been ranked 172nd within the group of 175 countries we follow in terms of average inflation measured by CPI, 31 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.