Inflation rate in Zambia September 2022

Zambian inflation quickened for the first time in four months in September. Consumer prices rose 15.7% from a year earlier, compared with 15.5% in August, Mulenga Musepa, the interim statistician.. Zambia - Inflation After the economy slipped into a technical recession in Q2 as the pandemic's fallout battered the trade and construction sectors, available figures hint at a slow recovery so far. translated into a massive increase in export revenues in August-September. Domestically, the private sector PMI continued to crawl higher. Inflation Rate in Zambia increased by 24.6 % in June 2021 over the same month in the previous year. The maximum level was 24.6 % and minimum was 6 %. Data published Monthly by Central Statistical Office. Historical Data (%) by years. Data This statistic shows the average inflation rate in Zambia from 1986 to 2020, with projections up until 2026. In 2020, the average inflation rate in Zambia amounted to about 16.35 percent compared.. 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. Zambia inflation rate for 2020 was 15.73%, a 6.58% increase from 2019

Zambia - Average consumer prices inflation rate 16.4 (%) in 2020 In 2020, inflation rate for Zambia was 16.4 %. Though Zambia inflation rate fluctuated substantially in recent years, it tended to decrease through 2001 - 2020 period ending at 16.4 % in 2020 Zambia Economic Outlook. November 17, 2020. After the economy slipped into a technical recession in Q2 as the pandemic's fallout battered the trade and construction sectors, available figures hint at a slow recovery so far

Following the outbreak of COVID-19, inflation rose to 17.4% in 2020 and is projected to remain above the target range of 6%-8% in 2021 Migration Profile Zambia 2019 *New. 2018 Zambia Vital Statistics. 2017 Zambia Vital Statistics. 2019 Q4 GDP. 2019 Q3 GDP. Labour Force Survey Q1 - 2019. ZAMPHIA Final Report 2-26-19. The Statistics Act 2018. Zambia Demographic and Health Survey - 2018. ZICTA ICT Survey - 2018 >> More download

Zambia Inflation Quickens for the First Time in Four

  1. The current context is also characterised by a 16% inflation rate (year on year for the month of October 2020), discussions around Zambia's increasing debt levels and the call by Government for.
  2. The Consumer Price Index in Zambia increased 1.30 percent in June of 2021 over the previous month. source: Central Statistical Office, Zambia. Inflation Rate Mom in Zambia averaged 0.87 percent from 2008 until 2021, reaching an all time high of 6.20 percent in October of 2015 and a record low of -0.30 percent in October of 2010
  3. Zambia's annual inflation rate for the month of September 2019 has risen to 10.5 percent from the 9.3 percent in August the same year. Central Statistical Office(CSO) Interim Statistician.

For the first time in 2020, Zambia's annual rate of inflation has registered a drop of 0.7 per cent, according to data released by the Zambia Statistics Agency (ZAMSTAT) Inflation Rate. Zambia recorded a 0.3% drop in the annual rate of inflation from 15.8% to 15.5% for the month of August 2020. However, the average rate of inflation still remains above the budget's targeted range and in double digits. Official 2020 published data from the Central Statistics Office shows that Zambia's average rate of. Bank of Zambia Policy Rate. 12-07-2021. 8.5000. View more. Overnight Lending Facility Rates. 12-07-2021. 25.0000. View more. Overnight Interbank Interest Rates : 12-07-2021 Overall, the economy is estimated to have contracted by 1.2% in 2020 - the first recession for Zambia since 1998. Inflation remained in double digits throughout 2020--averaging 15.7% --and reached a high of 22.2% in February 2021. A gradual recovery is expected, with GDP growth projected at 1.8% in 2021 and will average 2.8% over 2021-23 inflation rose to 14.0% from 10.7% while non-food inflation slowed down to 7.8% from 8.3%. In December 2019, overall inflation was 11.7%, and it averaged 9.1% for the year as a whole. In January 2020, inflation rose further to 12.5% following the upward adjustment in electricity tariffs and fuel pump prices

Zambia Inflation Rate (CPI) - Zambia Economy Forecast

  1. DUE TO EXPENSIVE FOOD PRICES, INFLATION. ALSO RISES Zambia's inflation accelerated by 1.8 percentage points in December from the previous month due to rising food prices. The annual inflation rose to 19.2 percent in December from 17.4 percent in November, according to the Zambia Statistics Agency. Interim Statistician-General Mulenga Musepa attributed the increase to a [
  2. Zambia's inflation rate was largely steady at 15.8 percent in July from 15.9 percent in June, but below 16.6 percent in May. Inflation has been pushed up by a fall in the kwacha and higher food prices. In the first quarter average food inflation rose by 1.4 percentage points to 16.9 percent while non-food inflation rose 3.9 points to 15.1 percent
  3. eral exports, which has been seen as a boon to the national coffers, adding resound confidence in government control
  4. Rate was adjusted up to 10.25% in May 2019, from 9.75% in December 2018, and the banks average lending rate rose from 23.6% in December 2018 to 26% in August 2019. Whilst this may have contained inflation, it is likely to have dampened business activity and stifled growth on account of the higher borrowing costs. Targets for 2020

The year-on-year inflation as measured by the all items Consumer Price Index for the month of June 2020 decreased to 15.9%, down from 16.6% recorded in May 2020 meaning that on average prices of goods and services increased by 15.9 percentage between June 2019 and June 2020. Zambia Statistics Agency Interim Statistician General Mulenga Musepa. Inflation over the previous year (1 October 2019 to 30 September 2020) was 2.98 per cent. At this rate, the 2020 inflation rate looks set to be well under five per cent, despite the expected price. Zambia's economy, in the categories that I discuss today, has collapsed. The trend analysed is from 2011 when the PF took over and projected to 2021. Worse is expected between February 2020 to August 2021 because of the massive corruption that will take place that will distort the economy for purposes of winning an election Zambia's inflation rate remained at a three-year high in October and economic growth slowed, complicating the central bank's task. Annual consumer inflation accelerated to 10.7% from 10.5% in. Despite a turbulent time in power, we expect Mr Lungu and the PF to win tight presidential and legislative polls in 2021, even amid a recession and debt crisis. Economic growth will recover from a low base in 2022 and will strengthen gradually, aided by elevated global prices for copper (Zambia's principal export commodity) for most of 2021-25

The inflation rate in Namibia decreased by about one percentage point from 4.29 percent in 2018 to 3.72 percent in 2019. It is projected to remain around 4.5 percent through 2026, significantly. The largest upward contribution to the CPIH 12-month inflation rate came from transport (0.80 percentage points). On a monthly basis, CPIH rose by 0.4% in June 2021, compared with a rise of 0.1% in June 2020 Zambia's inflation at 16.0% y/y in October up from 15.7% in September. Nonfood inflation flat at 17.7% y/y while food inflation rose to 14.6% (Sep: 14.0%). by FRONTIER AFRICA REPORT The increase in the headline rate was due to non-food items, such as vehicles, furniture and housing, Musepa said. Annual food inflation slowed 14% in September from 15.5% a month earlier THE annual rate of inflation has increased to 24.6 percent in June, up from 23.2 percent recorded last month, mainly induced by price increase in some food items, ZSA data shows. Announcing Zambia's annual rate of inflation for the month of June, Zambia Statistics Agency (ZSA) interim statistician general Mulenga Musepa disclosed that the increased inflation this month was 24.6 per cent and.

Inflation, consumer prices (annual %) International Monetary Fund, International Financial Statistics and data files. License : CC BY-4.0. Line Bar Map. Label. 1985 1990 1995 2000 2005 2010 2015 2020 % 0 2 4 6 8 10 12 14 World. Consumer price index (2010 = 100 In January Zambia's inflation rate hit 21.5 percent, up from 19.2 percent in December, the highest since April 2016, and BOZ said it expected inflation to deviate away from the upper bound of its target range of 6.0-8.0 percent due to the lagged pass-though from the kwacha's deprecation and sustained high fiscal deficits The country's annual inflation rate for October 2020 has increased to 16.0 percent from 15.7percent in September 2020. The rise has been attributed to the increase in food inflation to 14.6 percent from 14.0 percent in September 2020. Zambia Statistic Agency Interim Statistician General, Mulenga Musopa says the increased inflation this month. A financial Analyst Maambo Haamaundu says the economic performance for zambia in the year 2029 has been poor and unsatisfactory. Mr Haamaundu said inflation rate has been on the up swing and the Kwacha performance in terms of exchange rate against major convertibles has been unstable. He said Kwacha has lost significantly it strength

For example, the rate of inflation in 2020 was 1.4%. The last column, Ave, shows the average inflation rate for each year using CPI data, which was 1.2% in 2020. They are published by the BLS but are rarely discussed in news media, taking a back seat to a calendar year's actual rate of inflation The Zambia Statistics Agency (ZamStats), indicates that the Year-on-Year Inflation Rate for November 2020 increased to 17.4% from 16.0% recorded in October 2020. Fitch Downgrade Zambia Long-Term Foreign-Currenc Argentina's inflation rate is expected to continue to fall to 42.2% in 2020. 5. South Sudan. South Sudan's inflation rate is the fifth-highest in the world at 36.4%. In November 2018, South Sudan's inflation rate was 49%. By April 2019, inflation slowed to 40% thanks to an increase in oil output This is the highest rate of inflation since September 2016, with a record inflation at 23.4%. According to the Zamstats monthly bulletin, the growth in inflation is strongly attributed to a 27% increase in the cost of food; while non-food items saw a drop from 16.7% in January to 16.2% inflation, food increased by 1.7% from 25.6% in January Inflation increased further to 21.5% in January 2021 trom 19.2% in December 2020. Over the next eight quarters, inflation is projected to deviate further away from the upper bound of the 6-8% target range due to the lagged pass-through from the depreciation of the Kwacha and sustained high fiscal deficits, Mvunga said

In a statement issued today, the Bank of Zambia revealed that the local currency depreciated by 8.0 percent between August and September 14, 2020. In the recent weeks, the Kwacha has come under renewed pressure. Between mid August and September 14, 2020, the kwacha depreciated by 8.0 percent to K19.81 per US dollars from K18.34, largely. The year-on-year inflation as measured by the all items Consumer Price Index for the month of June 2020 decreased to 15.9%, down from 16.6% recorded in May 2020 meaning that on average prices of goods and services increased by 15.9 percentage between June 2019 and June 2020. Zambia Statistics Agency Interim Statistician General Mulenga Musepa. Date of Membership: September 23, 1965. Article IV/Country Report: August 2, 2019. Outstanding Purchases and Loans (SDR): 1.84 million (February 28, 2021) Special Drawing Rights (SDR): 124.97 million. Quota (SDR): 978.2 million. Number of Arrangements since membership: 12

Between April 2019 and April 2020 Zambia' s Annual inflation rate rose to 15.7% from 14% in March 2020. The rise of prices in food and other non- food items led to the increase in the Annual inflation rate. However, it is significant that inflation often peaks in election years, hitting a recent high of 17.9% in 2016 The utility sub-sector recorded the same inflation rate of 5.8 percent as the rate for August 2020. Trends In September 2019, the producer price inflation rate for all industry was 9.1 percent Welcome to the 2020 USD ZMK history summary. This is the US Dollar (USD) to Zambian Kwacha (ZMK) exchange rate history data page for the year of 2020, covering 366 days of USD ZMK historical data Inflation will remain elevated and well above the central bank's 6.0-8.0% target over the coming quarters, reducing room for further easing after cuts worth 350 basis points in 2020. However, the BoZ is also likely to refrain from hiking interest rates in 2021, to avoid hampering a bumpy and weak economic recovery

Zambia Inflation Rate 2021 Consumer Price Index Take

Inflation is a positive value in the inflation rate and means a general decrease in purchasing power for the domestic currency in the country in question and a general increase in prices of goods and services compared to the currency September 2020 est. Zambia: 13.9: 2020 est ECONOMIST Professor Oliver Saasa says the rising inflation rate is forcing people to become vegetarians. And Professor Saasa says the current political instability is a major contributor to the rising inflation which has continued on the upward trajectory despite some stability being achieved with the kwacha. Zambia Statistical Agency data has shown that the annual rate of inflation for the. Current rate (Last change) Expectation: Next meeting: Federal Reserve: 0.00-0.25% (March 2020) No rate rise for the foreseeable future: January 26-27: European Central Bank : 0.00% (September 2019) No rate rise for the foreseeable future: January 21: Bank of England : 0.10% (March 2020) No rate rise for the foreseeable future: February

Tag: Zambia. Read More 4 weeks ago (76) homophobia (11) ILO Convention 190 (16) inflation (64) inflation monitor (52) inflation rate (61) Actual Wage Rates Database. Multinational Corporations Database. Agreements Database. Wage Calculator. Subscribe to receive our email updates THE Annual Headline Inflation Rate for the month of October, 2020 has remained stagnant at 3.1 per cent as it was recorded during the corresponding period in September, 2020, the National Bureau. Inflation rates in Zambia have continued to rise in recent months. Food inflation surged since the end of 2020, from approximately 20% in December 2020 to 5YA level from September 2020. In January 2021, it was roughly 20% below the 5YA and 40% below year prior levels (1). 1 2 Inflation Rates. (i) 12-month inflation: normally considered as inflation rate, is defined as the percentage change in the monthly consumer price index (CPI). For example, the 12-month inflation rate for November 2017 is the percentage change in the CPI of November 2017 and November 2016 Month Overall CPI Overall Inflation Food CPI Food Inflation Non Food Inflation Non Food CPI; Jun 2021 130.20: 9.10: 138.30: 11.10: 123.5

Zambia Government Bond 10y | 2010-2020 Data | 2021-2022

Zambia - Inflation rate 2019-2024 Statist

  1. Inflation for 2020 was the lowest in 16 years and the second lowest in 51 years. The December 2020 Consumer Price Index (CPI) release concludes the data points for the entire calendar year. The average annual inflation rate for 2020 was 3,3%. This is the lowest annual average rate since 2004 (1,4%) and the second lowest since 1969 (3,0%)
  2. Different agencies' predictions differ, but most put US CPI inflation within the range of 1.6% to 2.8% percent in 2021 and around 2% in 2022. Almost all agencies concur in predicting that CPI inflation will decrease in 2022 compared to 2021. Over the longer term, up to 2024, CPI inflation in the US is expected to be around 2.3%
  3. POST- COVID Economic Recovery Programme Analysis 2021 f ERP Analysis Lusaka Showgrounds, Financial Services Lane No. A10, P.O. Box 30844, Lusaka, Zambia Foreword Tel: +260 211 252483/+260 211 253007, Telefax: +260 211 253020, Cell: 0971 581467secretariat@zacci.co.zm www.zambiachamber.org Zambia's Economic recovery plan 2020-2023 ©2020 by.

Zambia Inflation Rate 1986-2021 MacroTrend

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Zambia Inflation rate, 1980-2020 - knoema

  1. Inflation rate in South Africa 2026. South Africa's inflation has been quite stable for the past years, levelling off between 3.1 and 6.3 percent, and is in fact expected to stabilize at around.
  2. imum was -4.1 %. Data published Monthly by Central Statistical Agency. Historical Data (%) by years. Data
  3. At the same time, annual inflation increased to double digit level in October 2015 (rising to 14.3 percent from 7.7 percent in September 2015) largely on account of significant depreciation of the Kwacha (by over 72 percent in the last quarter of 2015)
  4. SURVEYS IN PROGRESS. 2020 ICT Access by Households and Use by Individual Survey. 2020 RAPID PICES Monitoring Survey (using Computer Assisted Telephone Interview) 2021 Census Mapping. Census of Industrial Production. Business Tendency Survey. Volume of Manufacturing Industry Survey

Zambia Economy - GDP, Inflation, CPI and Interest Rat

When inflation gets going it takes on a life of its own and can only be stopped with drastic measures. In the late 1970's/early 1980's inflation crushed the economy and Federal Reserve Chairman Paul Volcker raised interest rates to 20% to stop inflation Inflation Rate: 4.99%. Trailing 12-month CPI. Current CPI: 269.195. Bureau of Labor Statistics. Annual inflation: 1.23%. Bureau of Labor Statistics (2020) The inflation rate is determined by Consumer Price Index released by the U.S. Bureau of Labor Statistics (BLS) 2020 CPI and Inflation Rate for the United States This table shows the monthly All-Items Consumer Price Index (CPI-U) as well as the annual and monthly inflation rates for the United States in 2020. You can find upcoming CPI release dates on our schedule page Growth Rate % Year Real GDP Growth Rate % Durng the frst eight months of the year, the market saw ncreased pressure on the exchange rate. Increased demand for foreign exchange by fuel Importers durng the month of September 2018resulted in the deprecati on of the Kwacha further. 5.39 6.15 8.36 10.31 10.01 12.29 0 2 4 6 8 10 12 14 2013 2014 2015.

Zambia Economic Outlook African Development Bank

Zambia Among African Countries With Fastest Growth In

ZamStats - Hom

• China's inflation rate also rose to 1.3 percent in May 2021 from 0.9 percent in the preceding month, but was below the market consensus of 1.6 percent. At the May 2021 position, the Chinese inflation rate was also the highest reading since September 2020. The upturn was driven by a faster increase in costs of non Cost of Living in Zambia. Family of four estimated monthly costs are 1,633.07$ without rent. A single person estimated monthly costs are 479.06$ without rent. Cost of living in Zambia is, on average, 53.30% lower than in United States. Rent in Zambia is, on average, 80.05% lower than in United States. Do you live in Zambia? Add data for Zambia Zambia's inflation rate rose to 15.7 percent in April from 14 percent in March, mainly from the lower exchange rate of the kwacha. Zambia's kwacha has been weakening since September 2018 but the pace accelerated sharply following the outbreak of the coronavirus, compounding existing concern over the country's high debt service and debt levels

Zambia : Rising inflation, Increasing Debt and Fuel

Zambia Inflation Rate MoM 2008-2021 Data 2022-2023

Finally, Cuba witnessed its worst social unrest for at least 30 years last week and a big issue for protestors seemed to be inflation.The authorities only report official inflation once a year, with the latest having been 4.2% at the end of 2020. However, reports suggest that there are extreme shortages of many goods and services, because the loss of tourist revenues due to Covid-19 has meant. Housing Finance in Zambia Overview. This profile is also available in French here. To download a pdf version of the full 2020 Zambia country profile, click here. Zambia is a landlocked country located in Southern Africa and has one of the highest urbanisation rates in Africa with 43 percent of households living in urban areas as of 2015. [1] Economic activity is concentrated in the Lusaka and. INFLATION RATE RAISES. January 26, 2018. Comply with SA order in KCM case, lawyer Chanda advises counsel | Zambian Politics News. July 27, 2019. UPND FORCING LOSING MPS TO PETITION POLLS - DEFECTORS. September 1, 2016. Leave a Reply Cancel reply. Latest News. Government is in the process of rolling out a 24-hour economy, says President Edgar.

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Zambia : Zambia's Inflation jumps into double digit

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Inflation Rate Drops For First Time In 2020 Zambia Report

In September, the official annual inflation rate was reported at 659 percent, a decrease from 761 percent in August and 836 percent in July (Figure 1). Month on month inflation fell to 3.83 percent in September from 8.4 percent in August and 35.5 percent in July For the same month, annual inflation rate as measured by all items Consumer Price Index (CPI) came in at 471.25% shedding 188.2% from September level. On a month-on-month perspective, inflation rate was 4.37%. However, it is vital to note that October annual inflation outturn was one of the best since October last year

2020 Budget performance in the COVID-19 era - Financial

Zimbabwe's largest beverages maker, Delta Corporation, registered a 114 percent growth in revenue for the first quarter to June 2021, in inflation adjusted terms, on volumes recovery driven by relaxed Covid-19 restrictions. The manufacturer of leading brands like Castle lager, Zambezi lager. Central banks rarely cut the interest rate in periods of high inflation, but investors and small businesses are in search of single-interest funds to expand. The Monetary Policy Rate in Nigeria is 11.5 percent, but South Africa's repo, equivalent to Nigeria's MPR, is 3.5 percent. Kenya's MPR is 7.25 percent, while Zambia's is 8 percent

World Bank Releases USD 60 Million Fund For Lusaka Water

Tanzania Inflation. In 2020, Tanzania's annual inflation rate was 3.3%, significantly below the Government's medium-term ceiling of 5% outlined in Tanzania's 2020/21 budget. The WB estimates that Tanzania's current low and stable headline inflation is favored by low domestic food prices Ghana's inflation rate fell for a second month in September as food-price growth cooled further. Annual consumer inflation slowed to 10.4% from 10.5% reported for August, Samuel Kobina Annim, government statistician, told reporters Wednesday in Accra, the capital. The median estimate of three economists in a Bloomberg survey was 10.5% The Law of Revision of the Angolan State Budget for 2020 was published by Law no. 31/20 of 11 August 2020 and entered in force on the same date. The law introduces value-added tax ( VAT ) at. Here in this section we have covered the inflation rate (consumer prices) in some of the selected countries in the world. Country Inflation rate (consumer prices) (%) Years Japan -0.3 2005 est. Gabon -0.1 2005 est. Macedonia 0 2005 est. Niger 0.2 2004 est. Antigua and Barbuda 0.4 2000 est. Cape Verde 0.4 2005 est. Singapore 0.4 2005 est. Saudi. Declining reserves prompted a 2.6% depreciation in the exchange rate from LRD 193 per US dollar in June 2019 to LRD198 per dollar in June 2020. Public debt increased to 49% of GDP at the end of September 2020, compared with 38% of GDP in September 2019—an increase attributed to government borrowing from the Central Bank of Liberia (CBL)

Last year Zimbabwe's inflation rate soared to more than 800 percent, but it has begun easing with the June year-on-year rate officially at 106.64 percent, according to the National Statistical Agency. The central bank had forecast inflation to slow to 55 percent in July Year 2020 United States dollar/Zambian kwacha (USD/ZMW) rates history, splited by months, charts for the whole year and every month, exchange rates for any day of the year. Source: free currency rates (FCR Following the COVID-19 impact on the global economy, several countries around the world including the United States, Canada, Russia and the United Kingdom and Nigeria, among others have embarked on rate cuts this year. Nigeria so far has cut the MPR twice - first in May and second in September 2020. No longer looking to contain inflation growt

Foreign Direct Investment Inflows To Zambia Records 45Zambia Insurance

Bulawayo Regional Office 93 Leopold Takawira Avenue Bulawayo. Telephone +263 (292) - 272141-5, 08677002046. Fax +263 (292) - 27403 Percent Change at Annual Rate, Monthly, Seasonally Adjusted Jan 1983 to May 2021 (Jun 10) 16% Trimmed-Mean Consumer Price Index (CPI) is a measure of core inflation calculated by the Federal Reserve Bank of Cleveland. The Trimmed-Mean CPI excludes the CPI components that show the most extreme monthly price changes Historic inflation Japan (CPI) - This page features an overview of the historic Japanese inflation: CPI Japan. The inflation rate is based upon the consumer price index (CPI). Two overviews are being presented: the annual inflation by year for Japan - comparing the december CPI to the december CPI of the year before an February 2021 Headline Inflation May Jump to 17.27%. We are estimating a sharper increase in headline inflation to 17.27% for February 2021 up from 16.47% in January. If this happens, it will be the 18th consecutive monthly increase in Nigeria's inflation rate. It will also be the highest level in 46-months

Bank of Zambi

The annual inflation rate in Brunei was at 1.8 percent in March 2021, unchanged from February's five month low. Inflation was steady for health (at 0.7 percent), education (at 0.1 percent). Inflation eased for food and non-alcoholic beverages (3.6 percent vs 3.9 percent in February), transport (5.9 percent vs 7.7 percent), recreation & culture (0.8 percent vs 1.1 percent) B. Inflation rate 13. There was an uptick in food inflation in the last quarter of 2019, with the price of some foodstuff such as maize and beans increasing. The average price per kg of dry maize in September 2019 (Ksh. 41) was 32% higher than it was in a similar period in 2018 while that of dry beans (Ksh. 85 per Kg) was 14% higher Argentina's soaring inflation is estimated to reach 40.7% in 2020. Coupled with a poorly-timed debt restructuring, its economy is anticipated to shrink 12% over the course of the year. Yet for all its hardship, the country managed to send COVID-19 relief money to its citizens in just three days. Meanwhile, countries including Venezuela and. Abuja, Nigeria (PANA) - Nigeria's inflation rate increased by 13. Politics UN Envoy urges LPDF members to adopt constitutional basis for Libyan elections 01 july 2021 - 21:57:3

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Zambia Overview - World Ban

The exchange-rate system in Zambia is broadly characterised by both fixed and floating exchange-rate policies. From independence in 1964 to 1982, and from 1987 to 1991, the monetary authorities adopted a fixed exchange-rate regime Inflation in 2019 and its effect on dollar value $1 in 2018 is equivalent in purchasing power to about $1.02 in 2019. The dollar had an average inflation rate of 1.76% per year between 2018 and 2019, producing a cumulative price increase of 1.76%.Purchasing power decreased by 1.76% in 2019 compared to 2018. On average, you would have to spend 1.76% more money in 2019 than in 2018 for the same.