New Caledonia

Inflation

0.6
percent change in the consumer price index
Dec 11Dec 12Dec 13Dec 14Dec 15Dec 160.0002.0004.0006.0008.000
  • New Caledonia
  • Global Median
Source: IMF

Definition of Inflation

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.

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