The annual inflation rate in Sao Tome and Principe ticked up to 9.2 percent in February 2019 from 8.4 percent in the prior month. It is the highest inflation rate since November. On a monthly basis, consumer prices rose 1.1 percent, after decreasing 0.3 percent in the previous month. Inflation Rate in Sao Tome and Principe averaged 15.01 percent from 1997 until 2019, reaching an all time high of 86.80 percent in February of 1998 and a record low of 3.50 percent in May of 2017.
Inflation Rate in Sao Tome and Principe is expected to be 8.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sao Tome and Principe to stand at 6.30 in 12 months time. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.