The annual inflation rate in Seychelles rose for the tenth straight month to 9.6% in March of 2021, reaching its highest level since October of 2009. Food inflation, excluding fresh fish peaked to an over 11-year high of 19%, mainly pushed up by prices of meat (36.6%), oils and fats (24%), vegetables (23%) and sugar, jam, honey and confectionery (20.3%). Costs also advanced faster for non-foo products (8.4% vs 7.4% in February), in particular those of health (20.6%), furnishings (18.3%), transport (13.7%), recreation & culture (12.8%) and alcoholic beverages (10.8%). Meanwhile, fresh fish prices declined 5%, after a 4.9% rise in the previous month. On a monthly basis, consumer prices were up 0.8%, following a 1.1% increase in the preceding month. source: National Bureau of Statistics, Seychelles

Inflation Rate in Seychelles averaged 6.83 percent from 2003 until 2021, 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 May of 2021.

Inflation Rate in Seychelles is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Seychelles to stand at 4.50 in 12 months time. In the long-term, the Seychelles Inflation Rate is projected to trend around 1.80 percent in 2022 and 2.00 percent in 2023, according to our econometric models.

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Seychelles Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.59 8.68 63.25 -5.54 2003 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 06:00 AM Dec 3.78% 2.25% 2.2%
2021-02-05 08:50 AM Jan 7.62% 3.78%
2021-03-05 08:20 AM Feb 8.68% 7.62% 7.8%
2021-04-09 01:00 PM Mar 9.59% 8.68% 9.5%
2021-05-07 07:00 AM Apr 9.59% 9.4%
2021-06-04 08:00 AM May
2021-07-07 09:30 AM Jun
2021-08-06 07:00 AM Jul


News Stream
Seychelles March Inflation Rate Highest since 2009
The annual inflation rate in Seychelles rose for the tenth straight month to 9.6% in March of 2021, reaching its highest level since October of 2009. Food inflation, excluding fresh fish peaked to an over 11-year high of 19%, mainly pushed up by prices of meat (36.6%), oils and fats (24%), vegetables (23%) and sugar, jam, honey and confectionery (20.3%). Costs also advanced faster for non-foo products (8.4% vs 7.4% in February), in particular those of health (20.6%), furnishings (18.3%), transport (13.7%), recreation & culture (12.8%) and alcoholic beverages (10.8%). Meanwhile, fresh fish prices declined 5%, after a 4.9% rise in the previous month. On a monthly basis, consumer prices were up 0.8%, following a 1.1% increase in the preceding month.
2021-04-12
Seychelles February Inflation Rate at Near 9-Year High
The annual inflation rate in Seychelles jumped to 8.7 percent in February of 2021 from 7.6 percent in the prior month, reaching its highest level since June of 2012. Prices advanced faster for other food, excluding fresh fish (17.6 percent vs 15.6 percent in January), in particular meat (34.1 percent vs 30.8 percent); vegetables (21.8 percent vs 19.7 percent) and oils and fats (21.5 percent vs 18.4 percent). Meantime, inflation quickened for non-food products (7.4 percent vs 6.1 percent), while fresh fish prices slowed (4.9 percent vs 29.7 percent). On a monthly basis, consumer prices increased 1.1 percent, following a 3.8 percent rise in the previous month.
2021-03-05
Seychelles January Inflation Rate Highest since 2012
The annual inflation rate in Seychelles climbed to 7.6 percent in January of 2021 from 3.8 percent in the prior month, reaching its highest level since August of 2012. Prices rose faster for fresh fish (29.7 percent vs -7.2 percent in December); other food, excluding fresh fish (15.6 percent vs 9.5 percent) and non-food products (6.1 percent vs 3.1 percent). On a monthly basis, consumer prices surged 3.8 percent, after increasing 1.5 percent in the prior month.
2021-02-05
Seychelles October Inflation Rate at Near 1-1/2-Year High of 1.9%
The annual inflation rate in Seychelles rose to 1.93% in October of 2020 from 1.80% in the previous month. It was the highest inflation rate since May of last year, amid a slight uptick in prices of non-food products (1.54% vs 1.49% in September). Meanwhile, inflation slowed for other food, excluding fresh fish (5.23% vs 5.28%) but fish prices decreased less (-5.95% vs -13.75%). On a monthly basis, consumer prices went up 0.11%, decelerating from a 0.45% increase in the previous month.
2020-11-09

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.