The annual inflation rate in Cape Verde quickened to 2.7% in September 2026 from 0.8% in August, reaching the highest since December 2025. Transport prices exerted the strongest upward pressure, with inflation rising to 11% from 4% in August. Significant price increases were also seen for furnishings & household equpment (5.1% vs 4.9%); alcoholic beverages & tobacco (3.9% vs 4.1%); health (3.3% vs 3.1%) and restaurants & hotels (2.8% vs 2.8%). On a monthly basis, the CPI rose by 1.1%, the most since last December, after a 0.1% decrease in the prior month. The largest monthly price increases were recorded in transport (5.1% vs 0.7%); recreation and culture (1.4% vs 0.1%), and food and non-alcoholic beverages (1.1% vs 0.6%). source: INE, Cape Verde
Inflation Rate in Cape Verde increased to 2.70 percent in September from 0.80 percent in August of 2026. Inflation Rate in Cape Verde averaged 2.16 percent from 1990 until 2026, reaching an all time high of 10.20 percent in October of 2008 and a record low of -4.40 percent in February of 2004. This page provides the latest reported value for - Cape Verde Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2026.
Inflation Rate in Cape Verde increased to 2.70 percent in September from 0.80 percent in August of 2026. Inflation Rate in Cape Verde is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cape Verde Inflation Rate is projected to trend around 1.60 percent in 2027 and 1.00 percent in 2028, according to our econometric models.