Micronesia - Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in Micronesia was 1.79 as of 2018. As the graph below shows, over the past 18 years this indicator reached a maximum value of 8.42 in 2008 and a minimum value of -1.04 in 2016.
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.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 2000 | 2.16 |
| 2001 | 0.50 |
| 2002 | -0.11 |
| 2003 | 0.13 |
| 2004 | 2.28 |
| 2005 | 4.26 |
| 2006 | 4.64 |
| 2007 | 3.31 |
| 2008 | 8.42 |
| 2009 | 6.39 |
| 2010 | 3.31 |
| 2011 | 5.08 |
| 2012 | 5.02 |
| 2013 | 1.75 |
| 2014 | 0.65 |
| 2015 | -0.30 |
| 2016 | -1.04 |
| 2017 | 0.69 |
| 2018 | 1.79 |
Aggregation method: Median
Periodicity: Annual
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
