The inflation rate in Benin was recorded at 3.90 percent in June of 2020.
Inflation Rate in Benin averaged 2.11 percent from 2001 until 2020, 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 July of 2020.
Inflation Rate in Benin is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Benin to stand at 4.10 in 12 months time. In the long-term, the Benin Inflation Rate is projected to trend around 4.10 percent in 2021 and 3.70 percent in 2022, according to our econometric models.