The annual inflation rate in Senegal fell to 0.9 percent in January of 2021 from 2.4 percent in the previous month. It was the lowest inflation rate since December of 2019, as prices slowed markedly for food & non-alcoholic beverages (0.6 percent vs 3.3 percent in December). In addition, costs decreased for communication (-1.2 percent vs 1.1 percent) and recreation & culture (-0.2 percent vs 0.4 percent). On a monthly basis, consumer prices slumped 1.4 percent, the biggest decline since March of 2018. source: ANSD, Senegal

Inflation Rate in Senegal averaged 1.60 percent from 2006 until 2021, 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 March of 2021.

Inflation Rate in Senegal is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Senegal to stand at 3.20 in 12 months time. In the long-term, the Senegal Inflation Rate is projected to trend around 3.40 percent in 2022, according to our econometric models.

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Senegal Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.90 2.40 7.20 -4.70 2006 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-12 12:00 PM Oct 2.6% 2.8% 2.6%
2020-12-11 03:00 PM Nov 2.4% 2.6% 2.8%
2021-01-11 11:00 AM Dec 2.4% 2.4% 2.2%
2021-02-19 10:30 AM Jan 0.9% 2.4% 2.5%
2021-03-17 03:30 PM Feb 0.9%
2021-04-09 03:30 PM Mar
2021-05-11 02:00 PM Apr
2021-06-11 03:30 PM May
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Senegal January Inflation Rate at Over 1-Year Low
The annual inflation rate in Senegal fell to 0.9 percent in January of 2021 from 2.4 percent in the previous month. It was the lowest inflation rate since December of 2019, as prices slowed markedly for food & non-alcoholic beverages (0.6 percent vs 3.3 percent in December). In addition, costs decreased for communication (-1.2 percent vs 1.1 percent) and recreation & culture (-0.2 percent vs 0.4 percent). On a monthly basis, consumer prices slumped 1.4 percent, the biggest decline since March of 2018.
2021-02-22
Senegal December Inflation Rate Steady at 5-Month Low
The annual inflation rate in Senegal was 2.4 percent in December of 2020, unchanged from the previous month, its lowest level since June. Prices slowed for transport (3.5 percent vs 3.6 percent in November) and housing & utilities (0.6 percent vs 0.8 percent), while inflation remained steady for education (at 1.6 percent). In addition, costs decreased for communication (2.5 percent vs 2.9 percent); clothing & footwear (-0.4 percent vs -0.5 percent) and recreation & culture (-0.3 percent vs 0.1 percent). On a monthly basis, consumer prices were down 0.7 percent, after decreasing 0.5 percent in the previous month.
2021-01-11
Senegal November Inflation Rate at 5-Month Low
The annual inflation rate in Senegal eased further to 2.4 percent in November of 2020 from 2.6 percent in the prior month, reaching its lowest level since June. Prices slowed mostly for food & non-alcoholic beverages (3.5 percent vs 4.1 percent in October) and transport (3.6 percent vs 4.1 percent). On a monthly basis, consumer prices went down 0.5 percent, ater increasing 0.2 percent in the previous month.
2020-12-11
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
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. .