The annual inflation rate in Seychelles rose to 1.93% in October of 2020 from 1.80% in the previous month. It was the highest inflation rate since May of last year, amid a slight uptick in prices of non-food products (1.54% vs 1.49% in September). Meanwhile, inflation slowed for other food, excluding fresh fish (5.23% vs 5.28%) but fish prices decreased less (-5.95% vs -13.75%). On a monthly basis, consumer prices went up 0.11%, decelerating from a 0.45% increase in the previous month. source: National Bureau of Statistics, Seychelles

Inflation Rate in Seychelles averaged 6.84 percent from 2003 until 2020, reaching an all time high of 63.25 percent in December of 2008 and a record low of -5.54 percent in March of 2010. This page provides - Seychelles Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Inflation Rate in Seychelles is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Seychelles to stand at 1.50 in 12 months time. In the long-term, the Seychelles Inflation Rate is projected to trend around 1.60 percent in 2021 and 1.80 percent in 2022, according to our econometric models.

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Seychelles Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.90 1.80 63.25 -5.54 2003 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-08-07 07:00 AM Jul 0.97% 0.19% 0.2%
2020-09-07 08:10 AM Aug 1.2% 0.97% 1.2%
2020-10-07 08:00 AM Sep 1.8% 1.2% 1.4%
2020-11-09 08:00 AM Oct 1.9% 1.8% 1.6%
2020-12-07 08:00 AM Nov 1.9%
2021-01-08 08:00 AM Dec
2021-02-08 07:30 AM Jan
2021-03-05 08:20 AM Feb


News Stream
Seychelles October Inflation Rate at Near 1-1/2-Year High of 1.9%
The annual inflation rate in Seychelles rose to 1.93% in October of 2020 from 1.80% in the previous month. It was the highest inflation rate since May of last year, amid a slight uptick in prices of non-food products (1.54% vs 1.49% in September). Meanwhile, inflation slowed for other food, excluding fresh fish (5.23% vs 5.28%) but fish prices decreased less (-5.95% vs -13.75%). On a monthly basis, consumer prices went up 0.11%, decelerating from a 0.45% increase in the previous month.
2020-11-09
Seychelles Inflation Rate at Over 1-Year High of 1.8%
The annual inflation rate in Seychelles surged to 1.8% in September of 2020 from 1.2% in the prior month, reaching its highest level since June of last year. Prices advanced faster for food items, excluding fish (5.28% vs 5.20% in August) and non-food products (1.49% vs 0.85%), mostly recreation & culture (8.41% vs 4.63%). Meantime, fish cost decreased less (-13.75% vs -15.66%). On a monthly basis, consumer prices went up 0.45%, after increasing 0.26% in the previous month.
2020-10-07
Seychelles August Inflation Rate at 8-Month High of 1.2%
The annual inflation rate in Seychelles rose to 1.20% in August of 2020 from 0.97% in the prior month, reaching its highest level since last December. Prices advanced faster for food items, excluding fish (5.20% vs 3.92% in July) and non-food products (0.85% vs 0.73%), of which health (6.45%), alcoholic beverages (6.42%) and recreation & culture (4.63%). In contrast, fish prices continued to plunge (-15.66% vs -13.28%), as fisheries continued to be affected by the Covid-19 pandemic and also took a hit from an ecological disaster early in the month. On a monthly basis, consumer prices went up 0.26%.
2020-09-07
Seychelles Consumer Prices Rebound Slightly in June
Consumer prices in Seychelles went up 0.2 percent year-on-year in June of 2020, following a 0.2 percent drop in the previous month. Prices advanced faster for food items, excluding fish (3.1 percent vs 1.3 percent in May), especially vegetables (9 percent vs 1 percent) and sugar, jam, honey and confectionery (7.5 percent vs 5.3 percent). Meanwhile, fish prices continued to plunge (-11.2 percent vs -9.2 percent), as seafood demand continued to be hit by the Covid-19 pandemic and measures to contain it, including travel restrictions. In Seychelles, the majority of the catches are sold mostly to hotels and restaurants while some species are exported. Also, the cost dropped for non-food products (-0.1 percent vs -0.3 percent). On a monthly basis, consumer prices rose 0.4 percent, after being flat in the previous month.
2020-07-09

Seychelles Inflation Rate
In Seychelles, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.