The annual inflation rate in Senegal dropped to 0.8 percent in April 2019 from 0.9 percent in the prior month. Prices slowed primarily for food & non-alcoholic beverages (1.0 percent vs 1.3 percent in March) and they fell for clothing & footwear (-0.2 percent, the same pace as in the prior month) and communication (-0.1 percent, the same pace as in March). On the other hand, cost advanced further for housing & utilities (0.7 percent vs 0.4 percent); transport (0.4 percent vs 0.1 percent); restaurants & hotels (1.5 percent vs 1.2 percent) and furnishings (0.8 percent, after being flat in March). On a monthly basis, consumer prices went up 0.2 percent, following a 0.6 percent decrease in the prior month. Inflation Rate in Senegal averaged 1.55 percent from 2006 until 2019, 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.
Inflation Rate in Senegal is expected to be 0.70 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 1.70 in 12 months time. In the long-term, the Senegal Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.