Papua New Guinea: Inflation, annual
* indicates monthly or quarterly data series
The most recent value is -0.86 percent as of Q3 2024, a decline compared to the previous value of 0.11 percent. Historically, the average for Papua New Guinea from Q2 2013 to Q3 2024 is 4.56 percent. The minimum of -0.86 percent was recorded in Q3 2024, while the maximum of 6.76 percent was reached in Q2 2016.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Papua New Guinea
| Recent values | Papua New Guinea: Inflation, annual percent change in the CPI |
|---|---|
| 2024 Q3 | -0.86 |
| 2024 Q2 | 0.11 |
| 2024 Q1 | 2.55 |
| 2023 Q4 | 3.89 |
| 2023 Q3 | 2.22 |
| 2023 Q2 | 1.41 |
| 2023 Q1 | 1.68 |
| 2022 Q4 | 3.38 |
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Definition: Percent change in the CPI from the same month last year.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.3 | 2023 | percent |
| Exchange rate regimes | 6 | 2022 | index points |
| USD exchange rate | 4.0390 | 3/2025 | Local Currency Units per USD |
| Consumer Price Index (CPI) | 170.1673 | Q3/2024 | index points |
| Inflation, monthly | 0.88 | Q3/2024 | percent |
| Inflation, annual | -0.86 | Q3/2024 | percent |
| Private sector credit | 16.45 | 9/2024 | billion |
| Deposit interest rate | 1.88 | 3/2024 | percent |