Inflation in DR Congo
DR Congo - InflationThe situation has gone from bad to worse in recent weeks. On 8 November, the March 23 Movement—which seized large strips of territory in 2012 and 2013—captured two villages in the east of the country. The U.S. then issued a security alert warning against a potential attack on the provincial capital, causing thousands of people to flee to neighboring Uganda. On 9 November, however, the army announced it had driven out the rebels from the positions they had captured. The latest events have aggravated the already dire situation in the country, following mismanagement of the Covid-19 pandemic, a new Ebola outbreak in September and continued fighting with Islamic insurgents. Meanwhile, discontent with the president is growing over his appointment of a new electoral chief. The move is seen as a power grab to pave the way for another presidential term, but could fracture the ruling party.
DR Congo - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of Congo
DR Congo Facts
|Exchange Rate||1,687||-0.78 %||Jan 01|
|Stock Market||0.6||0.0 %||Jan 07|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.