Tonga inflation rate for 2024 was 3.18%, a 3.17% decline from 2023.
Tonga inflation rate for 2023 was 6.35%, a 4.62% decline from 2022.
Tonga inflation rate for 2022 was 10.97%, a 5.33% increase from 2021.
Tonga inflation rate for 2021 was 5.64%, a 5.99% increase from 2020.
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.