Inflation Rate for Sierra Leone

Indicator Definition:
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.

The statistic "Inflation Rate" stands at 28.63 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -19.01 percentage points compared to the value the year prior.
The 1 year change in percentage points is -19.01.
The 3 year change in percentage points is 16.76.
The 5 year change in percentage points is 13.83.
The 10 year change in percentage points is 23.99.

The Serie's long term average value is 14.23 percent. It's latest available value, on 12/31/2024, is 14.41 percentage points higher, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/2014, to it's latest available value, on 12/31/2024, is +23.99.
The Serie's change in percentage points from it's maximum value, on 12/31/2023, to it's latest available value, on 12/31/2024, is -19.01.