The annual inflation rate in Cape Verde cooled down to 1.4% in January, the lowest since December 2024, from 3.3% in the prior month. Price growth moderated mostly for food and non-alcoholic beverages (3.7% vs 5.8% in December); restaurants & hotels (9% vs 9.9%) and clothing and footwear (6.9% vs 10.5%). Moreover, housing and utilities (-4.5% vs 0%) and transportation (-1.5% vs -0.7%) costs fell. On the other hand, prices picked up for furnishing & household equipment (8.4% vs 4.6%). On a monthly basis, the CPI decreased by 1.7%, after a 1% rise in the previous month. source: INE, Cape Verde

Inflation Rate in Cape Verde decreased to 1.40 percent in January from 3.30 percent in December of 2025. Inflation Rate in Cape Verde averaged 2.19 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 February of 2026.

Inflation Rate in Cape Verde decreased to 1.40 percent in January from 3.30 percent in December of 2025. Inflation Rate in Cape Verde is expected to be 2.10 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 1.30 percent in 2027 and 1.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-20 03:55 AM
Inflation Rate YoY
Dec 3.3% 2.1% 2.3%
2026-02-17 10:15 AM
Inflation Rate YoY
Jan 1.4% 3.3% 2.5%
2026-03-19 10:00 AM
Inflation Rate YoY
Feb 1.4%


Related Last Previous Unit Reference
Consumer Price Index CPI 119.89 121.97 points Jan 2026
Core Consumer Prices 120.40 120.70 points Jan 2026
Core Inflation Rate 2.50 2.70 percent Jan 2026
CPI Housing Utilities 111.34 111.23 points Dec 2025
CPI Transportation 116.75 118.68 points Jan 2026
Food Inflation 3.70 5.80 percent Jan 2026
Inflation Rate YoY 1.40 3.30 percent Jan 2026
Inflation Rate MoM -1.70 1.00 percent Jan 2026


Cape Verde Inflation Rate
In Cape Verde, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (25 percent of total weight); Housing and Utilities (25 percent) and Transport (13 percent). Others include: Clothing and Footwear (7 percent); Miscellaneous Goods and Services (7 percent); Household Contents, Equipment and Maintenance (5 percent). Communication, Restaurants and Hotels, Recreation and Culture, Health, Education and Alcoholic Beverages and Tobacco account for the remaining 19 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
1.40 3.30 10.20 -4.40 1990 - 2026 percent Monthly
2018=100

News Stream
Cape Verde Inflation Rate Falls to Over 1-Year Low
The annual inflation rate in Cape Verde cooled down to 1.4% in January, the lowest since December 2024, from 3.3% in the prior month. Price growth moderated mostly for food and non-alcoholic beverages (3.7% vs 5.8% in December); restaurants & hotels (9% vs 9.9%) and clothing and footwear (6.9% vs 10.5%). Moreover, housing and utilities (-4.5% vs 0%) and transportation (-1.5% vs -0.7%) costs fell. On the other hand, prices picked up for furnishing & household equipment (8.4% vs 4.6%). On a monthly basis, the CPI decreased by 1.7%, after a 1% rise in the previous month.
2026-02-17
Cape Verde Inflation Rate Highest Since 2023
The annual inflation rate in Cape Verde accelerated to 3.3% in December 2025, up from 2.1% in November, marking the highest level since June 2023. The increase was mainly driven by faster rises in prices of food and non-alcoholic beverages (5.8% vs 1.2% in November), the fastest pace since September 2023. Inflation also accelerated for hotels, restaurants, and cafés (9.9% vs 9.7%) and health (1.8% vs 1.5%), while housing prices were unchanged after declining 0.2% in November. Meanwhile, inflation moderated in miscellaneous goods and services (3.0% vs 3.2%), clothing and footwear (10.5% vs 12.0%), alcoholic beverages and tobacco (6.3% vs 6.4%), and recreation and culture (0.7% vs 0.8%), while furnishings and household equipment remained steady at 4.6%. In contrast, transport prices fell by 0.7% after edging up 0.1% in November. On a monthly basis, the CPI rose 1.0% in December, accelerating from a 0.4% increase in the previous month, marking the fastest monthly rise since July 2022.
2026-01-20
Cape Verde Inflation Accelerates to 2.1% in November
The annual inflation rate in Cape Verde accelerated for the first time in three months to 2.1% in November 2025, up from October’s ten-month low of 1.6%. The pickup was mainly driven by rebounds in prices for transportation (0.1% vs -1.4%) and food & non-alcoholic beverages, which rose 1.2% after a 0.9% drop in October, marking the highest level in three months. Additionally, accelerated inflation was recorded in alcoholic beverages & tobacco (6.4% vs 5.7%), hotels, restaurants & cafes (9.7% vs 9.6%), and miscellaneous goods & services (3.2% vs 3.0%). Meanwhile, inflation eased for clothing & footwear (12.0% vs 15.0%), furnishings & household equipment (4.6% vs 4.7%), and recreation & culture (0.8% vs 1.1%). On a monthly basis, the CPI rose 0.4% in November after edging down 0.1% in the previous month, marking the largest increase in four months.
2025-12-12