The annual inflation rate in Ivory Coast increased to 3.3 percent in March of 2021, a new high since May of 2013, from 3.2 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (5.2 percent vs 5.6 percent in February), housing & utilities (2.4 percent vs 1.8 percent); transports (2.9 percent vs 2.9 percent); restaurants & hotels (3.1 percent vs 2.8 percent); and clothing & footwear (1.9 percent vs 2.1 percent). On a monthly basis, consumer prices went up 0.2 percent, after increasing by 1.3 percent in the previous month. source: Intitut National de la Statistique
Inflation Rate in Ivory Coast averaged 2.30 percent from 2000 until 2021, 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 May of 2021.
Inflation Rate in Ivory Coast 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 Ivory Coast to stand at 1.90 in 12 months time. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 2.00 percent in 2022 and 2.30 percent in 2023, according to our econometric models.