The annual inflation rate in Sao Tome and Principe peaked to 7.7 percent in December 2019 from 6.7 percent in the previous month. It was the highest inflation rate since last July. On a monthly basis, consumer prices inched up 1.9 percent, after increasing 1.5 percent in the preceding month. Sao Tome and Principe Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Inflation Rate in Sao Tome and Principe averaged 14.72 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. This page provides - Sao Tome and Principe Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Central Bank of Sao Tome and Principe
Inflation Rate in Sao Tome and Principe is expected to be 4.40 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 5.40 in 12 months time. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 5.20 percent in 2021 and 5.30 percent in 2022, according to our econometric models.