Cabo Verde inflation rate for 2022 was 7.93%, a 6.07% increase from 2021.
Cabo Verde inflation rate for 2021 was 1.86%, a 1.26% increase from 2020.
Cabo Verde inflation rate for 2020 was 0.61%, a 0.5% decline from 2019.
Cabo Verde inflation rate for 2019 was 1.11%, a 0.15% decline 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.