The annual inflation rate in Senegal rose to 3 percent in September of 2021, from 2.6 percent in the previous month. It was the highest since August of 2020, mainly due to prices of food & non-alcoholic beverages (4.4 percent vs 3.9 percent in August), housing & utilities (2.1 percent vs 1.2 percent), transport (2.1 percent vs 2 percent). Also, costs increased further for alcoholic beverages & tobacco (0.9 percent vs 0.7 percent) and clothing & footwear (1.6 percent vs 1.3 percent), while inflation slowed for furnishings (3.2 percent vs 3.3 percent), health (0.7 percent vs 0.8 percent), and miscellaneous goods & services (2.4 percent vs 3 percent). On a monthly basis, consumer prices went up 0.6 percent, slowing from a 1.9 percent rise in the previous month. source: ANSD, Senegal

Inflation Rate in Senegal averaged 1.61 percent from 2006 until 2021, reaching an all time high of 7.20 percent in September of 2008 and a record low of -4.70 percent in August of 2009. This page provides the latest reported value for - Senegal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Inflation Rate in Senegal is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Inflation Rate is projected to trend around 3.40 percent in 2022 and 3.60 percent in 2023, according to our econometric models.

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Senegal Inflation Rate


Calendar GMT Actual Previous Consensus TEForecast
2021-09-09 03:00 PM Aug 2.6% 2.9% 3.2%
2021-10-15 03:00 PM Sep 3% 2.6% 2.4%
2021-11-12 12:00 PM Oct 3%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Senegal Inflation Rate at Over 1-Year High
The annual inflation rate in Senegal rose to 3 percent in September of 2021, from 2.6 percent in the previous month. It was the highest since August of 2020, mainly due to prices of food & non-alcoholic beverages (4.4 percent vs 3.9 percent in August), housing & utilities (2.1 percent vs 1.2 percent), transport (2.1 percent vs 2 percent). Also, costs increased further for alcoholic beverages & tobacco (0.9 percent vs 0.7 percent) and clothing & footwear (1.6 percent vs 1.3 percent), while inflation slowed for furnishings (3.2 percent vs 3.3 percent), health (0.7 percent vs 0.8 percent), and miscellaneous goods & services (2.4 percent vs 3 percent). On a monthly basis, consumer prices went up 0.6 percent, slowing from a 1.9 percent rise in the previous month.
2021-10-15
Senegal Inflation Rate Softens to 2.6% in August
The annual inflation rate in Senegal slowed to 2.6 percent in August of 2021 from 2.9 percent in the previous month which was the highest inflation rate since August of 2020. Prices advanced at a slower pace primarily for food & non-alcoholic beverages (3.9 percent vs 4.6 percent in July), clothing & footwear (1.3 percent vs 1.4 percent) and furnishings (3.3 percent vs 3.4 percent). Meanwhile, inflation remained steady for housing & utilities (at 1.2 percent), transport (at 2.0 percent) and restaurants & hotels (at 1.8 percent). On a monthly basis, consumer prices went up 1.9 percent, the most since August of 2019.
2021-09-09
Senegal July Inflation Rate at Near 1-Year High
The annual inflation rate in Senegal rose to 2.9 percent in July of 2021 from 2.0 percent in the previous month. It was the highest inflation rate since August of 2020, mainly due to surging prices of food & non-alcoholic beverages (4.6 percent vs 2.8 percent in June); transport (2.0 percent vs 0.5 percent); furnishings (3.4 percent vs 2.8 percent); clothing & footwear (1.4 percent vs 1.0 percent); and alcoholic beverages & tobacco (1.0 percent vs 0.8 percent). Meanwhile, inflation remained steady for housing & utilities (at 1.2 percent), while it slowed for restaurants & hotels (1.8 percent vs 2.2 percent) and health (0.8 percent vs 1.9 percent). On a monthly basis, consumer prices increased 1.9 percent, the most since August of 2019,after a 0.5 percent uptick in the previous month.
2021-08-10

Senegal Last Unit Reference Previous Highest Lowest
Inflation Rate 3.00 percent Sep/21 2.60 7.20 -4.70
Food Inflation 4.40 percent Sep/21 3.90 11.95 -4.65
Inflation Rate Mom 0.60 percent Sep/21 1.90 3.47 -3.06
Cpi Transportation 106.20 points Sep/21 106.10 106.30 95.10
Cpi Housing Utilities 101.50 points Sep/21 100.60 107.10 94.00
Consumer Price Index CPI 112.80 points Sep/21 112.10 112.80 96.10
Producer Prices Change 14.70 percent Aug/21 11.10 14.70 -7.60
Producer Prices 118.80 points Aug/21 116.00 123.80 95.67
Import Prices 93.20 points Jun/21 94.20 153.00 -0.20
Export Prices 107.40 points Jun/21 140.10 172.10 -2.00


Senegal Inflation Rate
In Senegal, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (49.6 percent of total weight); Housing and Utilities (12 percent) and Clothing and Footwear (7.3 percent). Others include: Transport (5.6 percent); Household Contents, Equipment and Maintenance (5 percent); Miscellaneous Goods and Services (3.8 percent) and Restaurants and Hotels (3.8 percent). Recreation and Culture, Health, Communication, Education and Alcoholic Beverages and Tobacco account for the remaining 12.7 percent of total weight. .