Seychelles Inflation Rate Hits 3-Month High

The annual inflation rate rose to 0.1% in January 2026, rebounding from a 0.22% fall in December 2025. It marked the highest reading since October, as prices recovered in all major categories, particularly fish (0.22% vs -6.72% in December), other food items excluding fish (0.26% vs -0.95%), and non-food items (0.08% vs -0.01%). Among non-food products, prices increased at a faster pace for alcoholic beverages (4.5% vs 4.35%) and restaurants and hotels (2.98% vs 2.42%), while deflation softened for housing and utilities (-1.67% vs -2.24%), clothing and footwear (-0.43% vs -0.61%), furniture and household equipment (-0.21% vs -1.38%), and recreation and culture (-5.35% vs -5.45%). On the other hand, deflation worsened for tobacco (-0.74% vs -0.53%), while it eased for transport (0.87% vs 2.28%), health (0.36% vs 1.62%), and miscellaneous goods and services (0.79% vs 1.14%). On a monthly basis, consumer prices rose 0.16% from 0.09% in December 2025.

The annual inflation rate in Seychelles fell to 0.22% in December 2025, following a 0.02% modest increase in November. This marked the first contraction in consumer prices in nine months and the lowest reading since February 2024, as costs declined sharply for fish (-6.72% vs -0.95% in November) and other food items excluding fish (-0.95% vs 2.24%), while prices fell softer for non-food products (-0.01% vs -0.29%). Among non-food items, price growth eased for miscellaneous goods and services (1.14% vs 1.52%). Additionally, costs declined for clothing and footwear (-0.61% vs 0.33%) and recreation and culture (-5.45% vs -5.42%). Meanwhile, prices increased for alcoholic beverages (4.35% vs 3%), transport (2.28% vs 1.27%) and health (1.62% vs 1%), while deflation slowed for furniture and household equipment (-1.38% vs -1.66%) and housing and utilities (-2.24% vs -2.26%). On a monthly basis, consumer prices increased by 0.09% in December, easing from 0.24% in the preceding period.

Consumer prices in Seychelles were unchanged from a year ago in November 2025, following a 0.30% increase in October. Prices rose at a slower pace for other food items excluding fish (2.24% vs 2.29% in October), and declined for non-food products (-0.29% vs 0%) and fish (-0.95% vs 1.20%). Among non-food items, price growth eased for clothing and footwear (0.33% vs 1.21%) and miscellaneous goods and services (1.52% vs 1.61%). Decreases were also observed in prices for housing and utilities (-2.26% vs -0.43%) and furniture and household equipment (-1.66% vs 0.49%). In contrast, prices accelerated for transport (1.27% vs 0.15%) and alcoholic beverages (3% vs 0.05%). On a monthly basis, consumer prices rose 0.24% in November, rebounding from 0.21% fall in October.