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.

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Seychelles Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.62 3.78 63.25 -5.54 2003 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 08:00 AM Oct 1.9% 1.8% 1.6%
2020-12-07 08:00 AM Nov 2.3% 1.9% 1.9%
2021-01-08 06:00 AM Dec 3.78% 2.25% 2.2%
2021-02-05 08:50 AM Jan 7.62% 3.78%
2021-03-05 08:20 AM Feb 7.62% 7.8%
2021-04-07 07:30 AM Mar
2021-05-07 07:00 AM Apr
2021-06-04 08:00 AM May


News Stream
Seychelles January Inflation Rate Highest since 2012
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.
2021-02-05
Seychelles October Inflation Rate at Near 1-1/2-Year High of 1.9%
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.
2020-11-09
Seychelles Inflation Rate at Over 1-Year High of 1.8%
The annual inflation rate in Seychelles surged to 1.8% in September of 2020 from 1.2% in the prior month, reaching its highest level since June of last year. Prices advanced faster for food items, excluding fish (5.28% vs 5.20% in August) and non-food products (1.49% vs 0.85%), mostly recreation & culture (8.41% vs 4.63%). Meantime, fish cost decreased less (-13.75% vs -15.66%). On a monthly basis, consumer prices went up 0.45%, after increasing 0.26% in the previous month.
2020-10-07
Seychelles August Inflation Rate at 8-Month High of 1.2%
The annual inflation rate in Seychelles rose to 1.20% in August of 2020 from 0.97% in the prior month, reaching its highest level since last December. Prices advanced faster for food items, excluding fish (5.20% vs 3.92% in July) and non-food products (0.85% vs 0.73%), of which health (6.45%), alcoholic beverages (6.42%) and recreation & culture (4.63%). In contrast, fish prices continued to plunge (-15.66% vs -13.28%), as fisheries continued to be affected by the Covid-19 pandemic and also took a hit from an ecological disaster early in the month. On a monthly basis, consumer prices went up 0.26%.
2020-09-07

Seychelles Inflation Rate
In Seychelles, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.