Annual inflation rate
The annual inflation rate alongside the NBM's target and tolerance band. This is the index contractual indexation clauses for prices, rents and royalties cite most often.
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Latest figure — Jul 2026
6.34%
Within the band
Target 5.0%, band 3.5–6.5%
Inflation over time
- Inflation
- Target
- Tolerance band
This is the ANNUAL inflation rate — the change in the consumer price index against the same month a year earlier. Note that most indexation clauses name a specific variant (December on December, or the annual average), and the gap between variants can run to several percentage points. Check which one the contract asks for. The primary source of the CPI is the National Bureau of Statistics; the NBM restates it alongside its own target.
Indicative information. For official documents use the certificates issued by the source institutions. This is not tax or accounting advice.
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