Cape Verde Inflation Rate Highest Since 2023

2026-01-20 03:59 By Chusnul Chotimah 1 min. read

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.



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