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.

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Ivory Coast Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-18 10:00 AM Sep 6.3% 6.2% 6.5%
2022-11-24 11:00 AM Oct 6.2% 6.3% 6.4%
2022-12-20 11:00 AM Nov 6.2%


Related Last Previous Unit Reference
Inflation Rate 6.20 6.30 percent Oct 2022
Food Inflation 9.60 10.80 percent Oct 2022
Inflation Rate MoM 0.30 0.00 percent Oct 2022
CPI Transportation 114.50 111.90 points Oct 2022
CPI Housing Utilities 121.60 120.40 points Oct 2022
Consumer Price Index CPI 118.30 118.00 points Oct 2022

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
6.20 6.30 9.63 -3.84 2000 - 2022 percent Monthly
2014=100

News Stream
Ivory Coast Inflation Rate Cools in October
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.
2022-11-25
Ivory Coast Inflation Rate Hits Fresh 11-Year High
The annual inflation rate in the Ivory Coast ticked up to 6.3% in September of 2022 from 6.2% in the prior month. It was the highest reading since May of 2011, mainly on account of prices of food & non-alcoholic beverages (10.8%, the same pace as in August), notably oils & fats (16.9%) and fruits (9.9%); and transport (8.2% vs 7.9%). Additional upward pressure came from housing & utilities (6.5% vs 5.5%) and restaurants & hotels (6.4% vs 6.7%). On a monthly basis, consumer prices were almost flat, after increasing by 0.5% in the previous month.
2022-10-18
Ivory Coast August Inflation Rate Hits Over 11-Year High
The annual inflation rate in the Ivory Coast quickened to 6.2% in August of 2022, the highest since May of 2011, from 5.4% in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (10.8% vs 9% in July), primarily fruits (+21.7%), fish (+11.1%) and meat (+10.8%); transport (7.9% vs 6.6%) and restaurants & hotels (6.7% vs 5.6%). On a monthly basis, consumer prices were up by 0.5%, after being almost flat in the preceding month.
2022-09-21