The annual inflation rate in Senegal eased further to 2.6 percent in October of 2020 from 2.8 percent in the previous month. It was the lowest inflation rate since June, amid a slight slowdown in prices of food & non-alcoholic beverages (4.1 percent vs 4.2 percent in September); transport (4.1 percent vs 4.2 percent) furnishings (1.1 percent vs 1.3 percent) and health (0.9 percent vs 1.5 percent). Also, prices fell further for clothing & footwear (-1.2 percent vs -0.8 percent). Meantime, costs were flat for recreation & culture (vs 0.2 percent) and education (vs 1 percent). On a monthly basis, consumer prices were up 0.2 percent, the same pace as in the previous month. source: ANSD, Senegal

Inflation Rate in Senegal averaged 1.59 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 November of 2020.

Inflation Rate in Senegal is expected to be 2.50 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 3.20 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
2.60 2.80 7.20 -4.70 2006 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-13 01:30 PM Jul 2.7% 2% 1.7%
2020-09-09 03:00 PM Aug 3% 2.7% 2.4%
2020-10-15 03:30 PM Sep 2.8% 3% 2.8%
2020-11-12 12:00 PM Oct 2.6% 2.8% 2.6%
2020-12-11 03:30 PM Nov 2.6%
2021-01-13 10:40 AM Dec
2021-02-19 10:30 AM Jan
2021-03-17 03:30 PM Feb


News Stream
Senegal October Inflation Rate at 4-Month Low of 2.6%
The annual inflation rate in Senegal eased further to 2.6 percent in October of 2020 from 2.8 percent in the previous month. It was the lowest inflation rate since June, amid a slight slowdown in prices of food & non-alcoholic beverages (4.1 percent vs 4.2 percent in September); transport (4.1 percent vs 4.2 percent) furnishings (1.1 percent vs 1.3 percent) and health (0.9 percent vs 1.5 percent). Also, prices fell further for clothing & footwear (-1.2 percent vs -0.8 percent). Meantime, costs were flat for recreation & culture (vs 0.2 percent) and education (vs 1 percent). On a monthly basis, consumer prices were up 0.2 percent, the same pace as in the previous month.
2020-11-12
Senegal Inflation Rate Ticks Down to 2.8% in September
The annual inflation rate in Senegal eased to 2.8 percent in September of 2020 from 3 percent in August which was the highest in four months. Prices slowed mostly for food & non-alcoholic beverages (4.2 percent vs 4.8 percent in August); transport (4.2 percent vs 4.3 percent) and housing & utilities (1 percent vs vs 1.1 percent). In addition, cost continued to decrease for clothing & footwear (-0.8 percent vs -1 percent). On a monthly basis, consumer prices were up 0.2 percent, decelerating sharply from a 2.2 percent rise in the previous month.
2020-10-15
Senegal August Inflation Rate at 4-Month High of 3%
The annual inflation rate in Senegal rose to 3 percent in August of 2020 from 2.7 percent in the previous month. It was the highest rate since April, mainly pushed up by prices of food & non-alcoholic beverages (4.8 percent vs 3.7 percent in July); transport (4.3 percent, the same pace as in July); restaurants & hotels (2 percent vs 1.8 percent) and housing & utilities (1.1 percent vs 1 percent). On a monthly basis, consumer prices surged 2.2 percent, after rising 1 percent in the prior month.
2020-09-09
Senegal Inflation Rate Rises to 2.7% in July
The annual inflation rate in Senegal increased to 2.7 percent in July of 2020 from 2 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (3.7 percent vs 2.3 percent in June); restaurants & hotels (1.8 percent vs 1.5 percent); communication (1.8 percent vs 0.6 percent) and housing & utilities (1 percent vs 0.9 percent). Meanwhile, inflation slowed primarily for transport (4.3 percent vs 7.4 percent). On a monthly basis, consumer prices inched up 1 percent, after dropping 0.2 percent in the prior month.
2020-08-13

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. .