Inflation in Eritrea
Eritrea's consumer price inflation rate stood at 2.63% in December 2019, as measured by the year-over-year change in the Consumer Price Index (CPI).
At 2.6%, Eritrea's inflation rate is above the median of 2.2% among major economies tracked by WorldPulse. Among the G10 and major emerging markets, Brazil has the highest rate at 5.5%, while France has the lowest at 1.8%.
Series
2
With Data
2
Categories
1
Last Updated
2019-12-01
What Are the Latest Inflation Numbers for Eritrea?
| Indicator | Value | Date |
|---|---|---|
| er-inflation-estimated | 2.63% | 2019-12-01 |
| weo-eri-inflation | 1.30% | 2019-01-01 |
Data available via API: GET /api/v1/topics/inflation/countries/er
Eritrea Headline Inflation
Data Sources and Methodology
Eritrea inflation data on WorldPulse is sourced from the national statistical agency via automated data pipelines. Data is updated automatically as new CPI releases are published, typically on a monthly basis.
All time series are point-in-time reconstructed: historical values reflect what was originally published, not retroactively revised figures. This is critical for backtesting and research applications where contamination-free data is required.
Frequently Asked Questions
What is the current inflation rate in Eritrea?
As of December 2019, Eritrea's annual inflation rate is 2.63%. This figure represents the year-over-year change in the Consumer Price Index (CPI), measuring how the average price of consumer goods and services has changed compared to the same month of the previous year. WorldPulse updates this data automatically as new official statistics are released.
How is inflation measured in Eritrea?
Inflation in Eritrea is primarily measured using the Consumer Price Index (CPI), which tracks the average price change of a fixed basket of consumer goods and services over time. The national statistical agency publishes CPI data covering categories such as food, housing, transportation, healthcare, and apparel. The year-over-year percentage change in CPI is the standard inflation rate reported in official statistics and media.
What drives inflation in Eritrea?
Inflation in Eritrea is influenced by both domestic and global factors. Domestic drivers include monetary policy (interest rates set by the central bank), fiscal spending, wage growth, and housing costs. Global factors include commodity prices (especially energy and food), supply chain conditions, and exchange rate movements. The IMF notes that "pass-through from global commodity prices to domestic inflation varies significantly across economies depending on their trade openness and exchange rate regime."
Where can I find historical inflation data for Eritrea?
WorldPulse provides free access to 2 Eritrea inflation time series, including headline CPI, core inflation, and producer prices. Historical data is available via the WorldPulse API and updated automatically from official statistical sources. All data is point-in-time reconstructed, meaning historical values reflect what was originally published rather than retroactively revised figures.
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API Access
# Inflation in Eritrea
GET /api/v1/topics/inflation/countries/er