Inflation Rate in Benin decreased to 1.40 percent in August from 2.70 percent in July of 2021. source: Institut National de la Statistique et de l’Analyse Economique, Benin

Inflation Rate in Benin averaged 2.13 percent from 2001 until 2021, reaching an all time high of 15.20 percent in August of 2008 and a record low of -3.80 percent in April of 2017. This page provides the latest reported value for - Benin Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Benin Inflation Rate - values, historical data and charts - was last updated on October of 2021.

Inflation Rate in Benin is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Benin Inflation Rate is projected to trend around 3.70 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Benin Inflation Rate


Benin Last Unit Reference Previous Highest Lowest
Inflation Rate 1.40 percent Aug/21 2.70 15.20 -3.80
Food Inflation 5.90 percent Aug/21 8.90 14.86 -6.70
Inflation Rate Mom -1.80 percent Aug/21 -0.90 5.00 -2.60
CPI Transportation 105.70 points Aug/21 105.80 140.50 91.20
Cpi Housing Utilities 102.30 points Aug/21 102.60 118.90 96.60
Consumer Price Index CPI 106.30 points Aug/21 108.20 109.20 88.70


Benin Inflation Rate
In Benin, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (37.5 percent of total weight); Restaurants and Hotels (11.6 percent); Transports (11 percent) and Housing and Utilities (10.9 percent). Others include: Education (5.6 percent); Clothing and Footwear (5.1 percent); Miscellaneous Goods and Services (4.9 percent) and Health (4.6 percent). Communication, Household Contents, Equipment and Maintenance, Recreation and Culture and Alcoholic Beverages and Tobacco account for the remaining 8.8 percent of total weight. .