Inflation Rate in Sao Tome and Principe decreased to 22.80 percent in March from 23.50 percent in February of 2023. source: Central Bank of Sao Tome and Principe

Inflation Rate in Sao Tome and Principe averaged 14.48 percent from 1997 until 2023, reaching an all time high of 86.80 percent in February of 1998 and a record low of 3.50 percent in May of 2017. This page provides - Sao Tome and Principe Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Inflation Rate in Sao Tome and Principe is expected to be 18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 7.60 percent in 2024 and 8.00 percent in 2025, according to our econometric models.

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Sao Tome and Principe Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-14 11:00 AM Feb 23.5% 25.5% 26.0%
2023-05-10 11:00 AM Mar 22.8% 23.5% 22.8%
2023-06-12 11:00 AM Apr


Related Last Previous Unit Reference
Inflation Rate 22.80 23.50 percent Mar 2023
Consumer Price Index CPI 205.49 203.25 points Mar 2023
Inflation Rate MoM 1.10 0.30 percent Mar 2023

Sao Tome and Principe Inflation Rate
In Sao Tome and Principe, the main components of the Consumer Price Index are: Food & Non-alcoholic Beverages (73% of the total weight), Housing & Utilities (6%) and Transport (4%). Household Contents, Equipment & Maintenance accounts for 4%, Alcoholic Beverages & Tobacco for 4%, and Clothing & Footwear for 3%. Others include: Communications (2%), Restaurants & Hotels (2%), Miscellaneous Goods & Services (2%), Recreation & Culture (1%), Education (0.44%), and Health (0.41%).
Actual Previous Highest Lowest Dates Unit Frequency
22.80 23.50 86.80 3.50 1997 - 2023 percent Monthly
2014M12=100, NSA

News Stream
Sao Tome and Principe Inflation Rate Hits Over 14-Year High
The annual inflation rate in Sao Tome and Principe accelerated further to 25.2% in December 2022, up from 24.6% in the previous month. This was the highest reading since November 2008. On a monthly basis, consumer prices rose by 1.6% in December, the least in seven months, following a 1.8% increase in the prior month, mostly on account of prices of housing & utilities (2.3%); miscellaneous goods & services (2%) and food & non-alcoholic beverages (1.9%).
2023-02-13
Sao Tome and Principe Inflation Rate Hits 13-1/2-Year High
The annual inflation rate in Sao Tome and Principe accelerated for the tenth straight month to 19.5% in August of 2022, from 18.5% in the previous month. It was the highest reading since February of 2009. On a monthly basis, consumer prices inched up by 2.8%, the most since July of 2008, after rising 2.3% in the prior month, mainly on account of prices of food & non-alcoholic beverages (3.3%); miscellaneous goods & services (2.9%) and clothing & footwear (2.1%).
2022-10-10