Inflation rate in Somalia 2029
The average inflation rate in Somalia was forecast to continuously decrease between 2024 and 2029 by in total two percentage points. After the seventh consecutive decreasing year, the inflation is estimated to reach three percent and therefore a new minimum in 2029.
The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Rwanda, Ethiopia, and Mauritius.
The International Monetary Fund describes this indicator as a measure of inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Rwanda, Ethiopia, and Mauritius.
