Inflation rate of Suriname sank by 60.32% from 55.5 % in 2016 to 22.0 % in 2017. Since the 103.78% jump in 2015, inflation rate rocketed by 219.37% in 2017.
The description is composed by our digital data assistant.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. Data for inflation are averages for the year, not end-of-period data.