The Consumer Price Index in Algeria increased 1.30 percent in April of 2021 over the previous month. source: Office National des Statistiques (ONS)
Inflation Rate Mom in Algeria averaged 0.50 percent from 2008 until 2021, reaching an all time high of 12 percent in March of 2021 and a record low of -2.70 percent in May of 2009. This page provides the latest reported value for - Algeria Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Algeria Inflation Rate MoM - values, historical data and charts - was last updated on July of 2021.
Inflation Rate Mom in Algeria is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Algeria to stand at -0.10 in 12 months time. In the long-term, the Algeria Inflation Rate MoM is projected to trend around 0.60 percent in 2022 and 0.30 percent in 2023, according to our econometric models.