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.