Stat of the week: the 2021 inflation rate in Tuvalu was 6.7%

The 2021 inflation rate in Tuvalu was 6.7%, up from 1.6% in 2020. 

The Inflation rate is the annual percentage increase of the cost of living as measured by the consumer price index. Consumer price indices are based on a representative basket of goods and services purchased by consumers in an economy. Composition and relative weights of the basket are reviewed periodically. (Source: United Nations)