The annual inflation rate in Seychelles rose to 1.93% in October of 2020 from 1.80% in the previous month. It was the highest inflation rate since May of last year, amid a slight uptick in prices of non-food products (1.54% vs 1.49% in September). Meanwhile, inflation slowed for other food, excluding fresh fish (5.23% vs 5.28%) but fish prices decreased less (-5.95% vs -13.75%). On a monthly basis, consumer prices went up 0.11%, decelerating from a 0.45% increase in the previous month. source: National Bureau of Statistics, Seychelles
Inflation Rate in Seychelles averaged 6.84 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. Seychelles Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.
Inflation Rate in Seychelles is expected to be 2.00 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 1.50 in 12 months time. In the long-term, the Seychelles Inflation Rate is projected to trend around 1.60 percent in 2021 and 1.80 percent in 2022, according to our econometric models.