Annual inflation rate in Seychelles fell to 0.95 percent in January 2020 from 1.69 percent in the previous month. It was the lowest inflation rate since December 2016, as prices declined for fresh fish (-7.87 percent vs 7.86 percent in December). In addition, cost slowed for both food items, excluding fresh fish (1.08 percent vs 1.34 percent) and non-food products (1.05 percent vs 1.67 percent). On a monthly basis, consumer prices were up 0.30 percent, after increasing 0.01 percent in the previous month.
Inflation Rate in Seychelles averaged 7.15 percent from 2003 until 2020, 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.
Inflation Rate in Seychelles is expected to be 1.20 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 2.00 percent in 2021, according to our econometric models.