The annual inflation rate in Ivory Coast eased to 6.2% in October of 2022 from an over 11-year high of 6.3% in the previous month. Prices slowed primarily for food & non-alcoholic beverages (9.6% vs 10.8% in September), on account of meat (7.1% vs 9%) and milk, cheese and eggs (7.4% vs 8%). Also, softer rises were observed for restaurants & hotels (5.8% vs 6.4%) and alcoholic beverages & tobacco (2.9% vs 3.3%). On the other hand, prices accelerated for other CPI items such as transport (10.4% vs 8.2%) and housing & utilities (7% vs 6.5%). On a monthly basis, consumer prices were up by 0.3%, after being almost flat in the prior month. source: Intitut National de la Statistique
Inflation Rate in Ivory Coast averaged 2.48 percent from 2000 until 2022, 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 November of 2022.
Inflation Rate in Ivory Coast is expected to be 5.80 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 4.00 percent in 2023 and 2.70 percent in 2024, according to our econometric models.