The annual inflation rate in Seychelles eased for the third straight month to 2.53% in December of 2022 from 2.62% in the previous month. It was the lowest inflation rate since June, amid slowing prices for non-food products (2.44% vs 2.61% in November), namely transportation (0.29% vs 1.74%); and other food, excluding fresh fish (2.49% vs 2.52%), mostly oils & fats (11.79% vs 15.33%). On the other hand, fresh fish prices continued to climb (9.13% vs 4.01%) attributed to catching limits and high operating costs. On a monthly basis, consumer prices were almost flat, after decreasing by 0.27% in the preceding month. source: National Bureau of Statistics, Seychelles

Inflation Rate in Seychelles averaged 6.74 percent from 2003 until 2022, reaching an all time high of 63.25 percent in December of 2008 and a record low of -5.54 percent in March of 2010. This page provides - Seychelles Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Inflation Rate in Seychelles is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Seychelles Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-07 07:00 AM Nov 2.62% 2.92% 2.9%
2023-01-10 07:20 AM Dec 2.53% 2.62% 2.5%
2023-02-07 11:00 AM Jan 2.53% 2.4%


Related Last Previous Unit Reference
Inflation Rate 2.53 2.62 percent Dec 2022
Food Inflation 2.49 2.52 percent Dec 2022
Producer Prices Change 16.40 9.70 percent Dec 2022
Producer Prices 115.70 107.90 points Dec 2022
Inflation Rate MoM 0.02 -0.27 percent Dec 2022
CPI Transportation 152.18 152.00 points Dec 2022
CPI Housing Utilities 144.94 144.98 points Dec 2022
Core Inflation Rate 0.66 0.82 percent Dec 2022
Core Consumer Prices 128.73 128.75 points Dec 2022
Consumer Price Index CPI 128.70 128.70 points Dec 2022
Import Prices 106.48 106.48 points Sep 2022
Export Prices 113.90 113.90 points Sep 2022

Seychelles Inflation Rate
In Seychelles, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The main components in Consumer Price Index are: Non-Food Items (85.97% of the total weight), Other Food Items (12.79%) and Fish (1.25%).
Actual Previous Highest Lowest Dates Unit Frequency
2.53 2.62 63.25 -5.54 2003 - 2022 percent Monthly
2014=100

News Stream
Seychelles Inflation Rate Slows for 3rd Month in December
The annual inflation rate in Seychelles eased for the third straight month to 2.53% in December of 2022 from 2.62% in the previous month. It was the lowest inflation rate since June, amid slowing prices for non-food products (2.44% vs 2.61% in November), namely transportation (0.29% vs 1.74%); and other food, excluding fresh fish (2.49% vs 2.52%), mostly oils & fats (11.79% vs 15.33%). On the other hand, fresh fish prices continued to climb (9.13% vs 4.01%) attributed to catching limits and high operating costs. On a monthly basis, consumer prices were almost flat, after decreasing by 0.27% in the preceding month.
2023-01-10
Seychelles Inflation Rate Slows to 5-Month Low
The annual inflation rate in Seychelles eased for the second straight month to 2.62% in November of 2022 from 2.92% in the previous month. It was the lowest inflation rate since June, mainly on account of non-food products (2.61% vs 2.99% in October). Meanwhile, prices edged higher for fresh fish (4.01% vs 3.14%) and other food, excluding fresh fish (2.52% vs 2.45%). On a monthly basis, consumer prices were down 0.27%, after increasing 0.24% in the prior month.
2022-12-07
Seychelles Inflation Rate Softens in October
The annual inflation rate in Seychelles edged lower to 2.92% in October of 2022 from 2.96% in the previous month. Prices slowed down for fresh fish (3.14% vs 3.52% in September) and non-food products (2.99% vs 3.16%), but accelerated for other food, excluding fresh fish (2.45% vs 1.59%). On a monthly basis, consumer prices were up by 0.24%, after being almost flat in the previous month.
2022-11-08