Tonga

Inflation

-0.3
percent change in the consumer price index
Dec 78Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 17Dec 20-8.0000.0008.00016.0024.00
  • Tonga
  • 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.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING