The annual inflation rate in Sao Tome and Principe rose to 9.1 percent in March of 2021 from 8.3 percent in the previous month. It was the highest inflation rate since last December. On a monthly basis, consumer prices inched up 1.1 percent, after increasing 0.5 percent in the previous month. source: Central Bank of Sao Tome and Principe

Inflation Rate in Sao Tome and Principe averaged 14.44 percent from 1997 until 2021, reaching an all time high of 86.80 percent in February of 1998 and a record low of 3.50 percent in May of 2017. This page provides - Sao Tome and Principe Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Inflation Rate in Sao Tome and Principe is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sao Tome and Principe to stand at 7.50 in 12 months time. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 7.80 percent in 2022 and 6.00 percent in 2023, according to our econometric models.

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Sao Tome and Principe Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.10 8.30 86.80 3.50 1997 - 2021 percent Monthly
2014M12=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-02-19 12:30 PM Dec 9.4% 10.8% 11%
2021-03-17 05:00 PM Jan 8.2% 9.4% 9.1%
2021-04-23 11:30 AM Feb 8.3% 8.2% 8%
2021-04-23 11:30 AM Mar 9.1% 8.3% 8.5%
2021-06-17 11:00 AM Apr 9.1% 9.3%
2021-07-19 11:00 AM May 9.6%
2021-08-17 11:00 AM Jun
2021-09-16 11:00 AM Jul

Sao Tome and Principe Inflation Rate
In Sao Tome and Principe, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (72.7 percent of total weight); Housing & Utilities (5.5 percent) and Transport (4.0 percent). Others include: Alcoholic Beverages and Tobacco (3.8 percent); Household Contents, Equipment and Maintenance (3.8 percent) and Clothing and Footwear (3.3 percent). Communications, Restaurants and Hotels, Miscellaneous Goods and Services, Recreation and Culture, Education and Health account for the remaining 6.9 percent of total weight. .