Micronesia inflation rate for 2022 was 5.41%, a 2.22% increase from 2021.
Micronesia inflation rate for 2021 was 3.19%, a 2.64% increase from 2020.
Micronesia inflation rate for 2020 was 0.55%, a 1.37% decline from 2019.
Micronesia inflation rate for 2019 was 1.92%, a 0.43% increase from 2018.
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. The full historical dataset is available for download here: Micronesia Inflation Rate | Historical Data | 2000 - 2022.