The annual inflation rate in the Ivory Coast eased to a 3-year low of 3.1% in January 2024 from 3.9% in the previous month. Prices rose at a softer pace for food & non-alcoholic beverages (4.5% vs 6.7% in December 2023), transport (4.7% vs 5.2%), clothing & footwear (0.7% vs 1.1%), and miscellaneous goods & services (1.5% vs 2.3%). Meanwhile, costs increased for housing & utilities (3.4% vs 3.1%), furnishings & household equipment (4% vs 3.2%), and health (1.2% vs 0.8%). On a monthly basis, consumer prices decreased 0.9% in January, following a 0.9% rise in December. source: Institut National de la Statistique

Inflation Rate in Ivory Coast decreased to 3.10 percent in January from 3.90 percent in December of 2023. Inflation Rate in Ivory Coast averaged 2.59 percent from 2000 until 2024, reaching an all time high of 9.63 percent in September of 2008 and a record low of -3.84 percent in April of 2012. This page provides the latest reported value for - Ivory Coast Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ivory Coast Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2024.

Inflation Rate in Ivory Coast decreased to 3.10 percent in January from 3.90 percent in December of 2023. Inflation Rate in Ivory Coast is expected to be 3.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 3.00 percent in 2025, according to our econometric models.

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Ivory Coast Inflation Rate


Calendar GMT Reference Actual Previous Consensus TEForecast
2024-01-24 10:00 AM
Inflation Rate YoY
Dec 3.9% 3.7% 3.8%
2024-02-20 01:50 AM
Inflation Rate YoY
Jan 3.1% 3.9% 4.0%
2024-03-20 10:00 AM
Inflation Rate YoY
Feb 3.1%


Related Last Previous Unit Reference
Inflation Rate 3.10 3.90 percent Jan 2024
Food Inflation 4.50 6.70 percent Jan 2024
Inflation Rate MoM -0.90 0.90 percent Jan 2024
CPI Transportation 121.30 121.90 points Jan 2024
CPI Housing Utilities 126.80 126.50 points Jan 2024
Consumer Price Index CPI 122.90 124.00 points Jan 2024

Ivory Coast Inflation Rate
In Ivory Coast, the most important categories are Food and non-alcoholic beverages (29 percent of the total weight); Housing, water, electricity, gas and other fuels (14 percent); and Transport (10 percent). The index also includes: Restaurants and Hotels for 8 percent; Clothing and Footwear for 8 percent; Communication for 7 percent; Health for 6 percent; and Miscellaneous Goods and Services for 6 percent. Furnishings, household items and maintenance; Education; Recreation and Culture; and Alcoholic beverages, tobacco and narcotics account for the remaining 12 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
3.10 3.90 9.63 -3.84 2000 - 2024 percent Monthly
2014=100

News Stream
Ivory Coast Inflation Rate at 3-Year Low
The annual inflation rate in the Ivory Coast eased to a 3-year low of 3.1% in January 2024 from 3.9% in the previous month. Prices rose at a softer pace for food & non-alcoholic beverages (4.5% vs 6.7% in December 2023), transport (4.7% vs 5.2%), clothing & footwear (0.7% vs 1.1%), and miscellaneous goods & services (1.5% vs 2.3%). Meanwhile, costs increased for housing & utilities (3.4% vs 3.1%), furnishings & household equipment (4% vs 3.2%), and health (1.2% vs 0.8%). On a monthly basis, consumer prices decreased 0.9% in January, following a 0.9% rise in December.
2024-02-20
Ivory Coast Inflation Rate Quickens to 3.9% in December
The annual inflation rate in the Ivory Coast rose to 3.9% in December 2023, from 3.7% in each of the previous two months. Main upward pressure came from prices of food & non-alcoholic beverages (6.7% vs 6.2% in November), notably tubers and plantains (+14.7% vs +8.6%) and fish (+12.8% vs +12.4%). Prices also advanced faster for restaurants & hotels (3.7% vs 3.2%); miscellaneous goods & services (2.3% vs 1%) and alcoholic beverages & tobacco (1.7% vs 1.3%). Monthly, consumer prices went up by 0.9% in December, the most in five months, after a 0.2% increase in the prior month.
2024-01-24
Ivory Coast Inflation Rate Steady at 3.7% in November
The annual inflation rate in the Ivory Coast stood at 3.7% in November 2023, unchanged from the previous month. Prices slowed down for some CPI items such as transportation (6% vs 6.4% in October); restaurants & hotels (3.2% vs 5%); clothing & footwear (1.1% vs 1.6%) and health (1% vs 1.2%). Conversely, prices accelerated further for food & non-alcoholic beverages (6.2% vs 5.7%), notably fresh vegetables (12.3% vs 7.7%), fish (12.4% vs 6.8%) and oils & fats (11.8% vs 10.9%); furnishings & household equipment (3.1% vs 2.4%) and alcoholic beverages & tobacco (1.3% vs 0.9%). On a monthly basis, consumer prices edged up by 0.2% in November, following a similar decrease in the prior m month.
2023-12-20