The annual inflation rate in Ivory Coast increased to 3.3 percent in March of 2021, a new high since May of 2013, from 3.2 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (5.2 percent vs 5.6 percent in February), housing & utilities (2.4 percent vs 1.8 percent); transports (2.9 percent vs 2.9 percent); restaurants & hotels (3.1 percent vs 2.8 percent); and clothing & footwear (1.9 percent vs 2.1 percent). On a monthly basis, consumer prices went up 0.2 percent, after increasing by 1.3 percent in the previous month. source: Intitut National de la Statistique

Inflation Rate in Ivory Coast averaged 2.30 percent from 2000 until 2021, reaching an all time high of 9.63 percent in September of 2008 and a record low of -3.84 percent in April of 2012. This page provides the latest reported value for - Ivory Coast Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ivory Coast Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Inflation Rate in Ivory Coast is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ivory Coast to stand at 1.90 in 12 months time. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 2.00 percent in 2022 and 2.30 percent in 2023, according to our econometric models.

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Ivory Coast Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.30 3.20 9.63 -3.84 2000 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-20 09:00 AM Dec 2.3% 1.7% 2%
2021-02-24 03:00 PM Jan 2.3% 2.3% 2%
2021-03-22 07:30 AM Feb 3.2% 2.3% 2.4%
2021-04-20 10:10 AM Mar 3.3% 3.2% 2.8%
2021-05-18 11:00 AM Apr 3.3% 3%
2021-06-15 11:00 AM May
2021-07-23 11:00 AM Jun
2021-08-19 11:00 AM Jul


News Stream
Ivory Coast Inflation Rate at Fresh 8-Year High in March
The annual inflation rate in Ivory Coast increased to 3.3 percent in March of 2021, a new high since May of 2013, from 3.2 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (5.2 percent vs 5.6 percent in February), housing & utilities (2.4 percent vs 1.8 percent); transports (2.9 percent vs 2.9 percent); restaurants & hotels (3.1 percent vs 2.8 percent); and clothing & footwear (1.9 percent vs 2.1 percent). On a monthly basis, consumer prices went up 0.2 percent, after increasing by 1.3 percent in the previous month.
2021-04-20
Ivory Coast Inflation Rate at Near 8-Year High
The annual inflation rate in Ivory Coast increased to 3.2 percent in February of 2021, its highest level since May of 2013 from 2.3 percent in January. Main upward pressure came from prices of food & non-alcoholic beverages (5.6 percent vs 3.2 percent in January), housing & utilities (1.8 percent vs 1.7 percent); transports (2.9 percent vs 2.8 percent); restaurants & hotels (2.8 percent vs 2.6 percent); and clothing & footwear (2.1 percent vs 1.9 percent). On a monthly basis, consumer prices went up 1.3 percent, after increasing 0.2 percent in the previous month.
2021-03-22
Ivory Coast Inflation Rate Unchanged at 2.3%
The annual inflation rate in Ivory Coast increased 2.3 percent in January of 2021, unchanged from the prior month. Main upward pressure came from prices of food & non-alcoholic beverages (3.2 percent), mainly attributed to tubers & bananas (24.4 percent); housing & utilities (1.7 percent), due to higher rents (4.5 percent); transports (2.8 percent); restaurants & hotels (2.6 percent); and clothing & footwear (1.9 percent). On a monthly basis, consumer prices edged up 0.2 percent, after increasing 1.1 percent in the previous month.
2021-02-24
Ivory Coast December Inflation Rate Rises to 2.3%
The annual inflation rate in Ivory Coast increased to 2.3 percent in December of 2020 from 1.7 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.8 percent vs 2.1 percent in November), of which tubers & plantains (15.6 percent) and oils & fats (13.5 percent). Costs also advanced faster mostly for transport (3 percent vs 1.3 percent); education (4.1 percent vs 3.9 percent); restaurants & hotels (2.6 percent vs 2.4 percent) and clothing & footwear (2.3 percent vs 1.7 percent). On a monthly basis, consumer prices were up 1.1 percent, after decreasing 0.3 percent in the previous month.
2021-01-20

Ivory Coast Inflation Rate
In Ivory Coast, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories are: Food and non-alcoholic beverages (25 percent of the total weight); Housing, water, electricity, gas and other fuels (13 percent); Restaurants and Hotels (13 percent); Transport (12 percent); and Clothing and Footwear (10 percent). Communication account for 7 percent and Miscellaneous Goods and Services for 5 percent. The index also includes: Health (4 percent) and Furnishings, household equipment and routine maintenance of the house (4 percent). Education, Recreation and Culture and Alcoholic beverages and tobacco account for the remaining 7 percent.