The annual inflation rate in Seychelles climbed to 7.6 percent in January of 2021 from 3.8 percent in the prior month, reaching its highest level since August of 2012. Prices rose faster for fresh fish (29.7 percent vs -7.2 percent in December); other food, excluding fresh fish (15.6 percent vs 9.5 percent) and non-food products (6.1 percent vs 3.1 percent). On a monthly basis, consumer prices surged 3.8 percent, after increasing 1.5 percent in the prior month. source: National Bureau of Statistics, Seychelles
Inflation Rate in Seychelles averaged 6.80 percent from 2003 until 2021, reaching an all time high of 63.25 percent in December of 2008 and a record low of -5.54 percent in March of 2010. This page provides - Seychelles Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
Inflation Rate in Seychelles is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Seychelles to stand at 1.60 in 12 months time. In the long-term, the Seychelles Inflation Rate is projected to trend around 1.80 percent in 2022 and 2.00 percent in 2023, according to our econometric models.