The annual inflation rate in Senegal eased to 2 percent in June of 2020 from 2.7 percent in the previous month. It was the lowest inflation rate since February, as prices slowed further for food & non-alcoholic beverages (2.3 percent vs 3.1 percent in May); transport (7.4 percent vs 7.9 percent); restaurants & hotels (1.5 percent vs 2.3 percent) and communication (0.6 percent vs 2.5 percent). Meantime, inflation was steady for housing & utilities (at 0.9 percent). On a monthly basis, consumer prices dropped 0.2 percent, after decreasing 0.6 percent in the previous month.

Inflation Rate in Senegal averaged 1.56 percent from 2006 until 2020, reaching an all time high of 7.20 percent in September of 2008 and a record low of -4.70 percent in August of 2009. This page provides the latest reported value for - Senegal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.

Inflation Rate in Senegal is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Senegal to stand at 3.00 in 12 months time. In the long-term, the Senegal Inflation Rate is projected to trend around 3.20 percent in 2021 and 3.40 percent in 2022, according to our econometric models.

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Senegal Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.70 7.20 -4.70 2006 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-04-10 03:30 PM Mar 2.5% 1.9% 2.2%
2020-05-11 02:00 PM Apr 3.3% 2.5% 2.3%
2020-06-12 03:30 PM May 2.7% 3.3% 3%
2020-07-10 03:30 PM Jun 2% 2.7% 2.8%
2020-08-13 03:30 PM Jul 2% 1.7%
2020-09-09 03:30 PM Aug
2020-10-15 03:30 PM Sep 3%
2020-11-12 03:30 PM Oct


News Stream
Senegal June Inflation Rate at 4-Month Low of 2%
The annual inflation rate in Senegal eased to 2 percent in June of 2020 from 2.7 percent in the previous month. It was the lowest inflation rate since February, as prices slowed further for food & non-alcoholic beverages (2.3 percent vs 3.1 percent in May); transport (7.4 percent vs 7.9 percent); restaurants & hotels (1.5 percent vs 2.3 percent) and communication (0.6 percent vs 2.5 percent). Meantime, inflation was steady for housing & utilities (at 0.9 percent). On a monthly basis, consumer prices dropped 0.2 percent, after decreasing 0.6 percent in the previous month.
2020-07-10
Senegal Inflation Rate Drops to 2.7% in May
The annual inflation rate in Senegal fell to 2.7 percent in May of 2020 from 3.3 percent in the prior month. Prices slowed mostly for food & non-alcoholic beverages (3.1 percent vs 3.8 percent in April); housing & utilities (0.9 percent vs 1 percent); communication (2.5 percent vs 2.8 percent) and clothing & footwear (1.2 percent vs 1.3 percent). In contrast, inflation quickened for transport (7.9 percent vs 5.2 percent) and restaurants & hotels (2.3 percent vs 1.5 percent). On a monthly basis, consumer prices went down 0.6 percent, after rising 1.1 percent in the previous month.
2020-06-12
Senegal Inflation Rate Speeds Up to 3.3% in April
The annual inflation rate in Senegal rose to 3.3 percent in April of 2020 from 2.5 percent in the previous month. This was the highest inflation rate since June of 2011, mainly due to surging prices of transport (5.2 percent vs 3.1 percent in March) and food & non-alcoholic beverages (3.8 percent vs 2.6 percent in March), amid shortages caused by Covid-19 disruptions. Also, inflation edged higher for housing & utilities (1 percent vs 0.9 percent). On a monthly basis, consumer prices were up 1.1 percent, after increasing 0.1 percent in the preceding month.
2020-05-11
Senegal February Inflation Rate Ticks Down to 1.9%
The annual inflation rate in Senegal dropped to 1.9 percent in February of 2020 from 2 percent in the prior month. Prices slowed mainly for food & non-alcoholic beverages (1.6 percent vs 2 percent); clothing & footwear (1.1 percent vs 1.2 percent); restaurants & hotels (2 percent vs 2.6 percent); health (1.2 percent vs 1.3 percent) and communication (1.4 percent vs 1.5 percent). In contrast, cost rebounded for alcoholic beverages & tobacco (0.5 percent vs -0.2 percent), while inflation edged higher for transport (1.9 percent vs 1.6 percent); housing & utilities (0.9 percent vs 0.8 percent) and miscellaneous goods & services (1.6 percent vs 1.2 percent). On a monthly basis, consumer prices went down 0.3 percent, after increasing 0.1 percent in the previous month.
2020-03-17

Senegal Inflation Rate
In Senegal, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (49.6 percent of total weight); Housing and Utilities (12 percent) and Clothing and Footwear (7.3 percent). Others include: Transport (5.6 percent); Household Contents, Equipment and Maintenance (5 percent); Miscellaneous Goods and Services (3.8 percent) and Restaurants and Hotels (3.8 percent). Recreation and Culture, Health, Communication, Education and Alcoholic Beverages and Tobacco account for the remaining 12.7 percent of total weight. .