Seychelles Consumer Prices Edge Down in April

Consumer prices in Seychelles edged down by 0.01% in April 2026, reversing a 0.24% increase in the previous month. This marked the first decline since December 2025, largely driven by cost declines for fresh fish (-6.11% vs -0.56% in March) and other foods (-0.22% vs 0.61%), while prices continued to increase for non-food products (0.12% vs 0.20%). Among food items excluding fish, costs declined mainly for milk, cheese and eggs (-6.95% vs -5.47%), fruits (-2.04% vs 0.23%), and sugar, jam, honey and confectionery (-1.2% vs -1.75%). Among non-food products, prices particularly increased for alcoholic beverages (4.55% vs 4.34%), transport (1.42% vs 0.19%), and restaurants and hotels (2.58% vs 2.98%). On a monthly basis, consumer prices fell by 0.09% in April, the third straight month of decline, following a 0.04% loss in the preceding period.

The annual inflation rate in Seychelles ticked down to 0.24% in March 2026 from a four-month high of 0.30% in the previous month. Prices increased slightly for non-food products (0.14% vs -0.02% in February) but decreased for fresh fish (-4.09% vs -3.18%) and other food (-0.78% vs -0.17%). On a monthly basis, consumer prices were almost flat, after falling by 0.08% in the prior month.

The annual inflation rate in Seychelles edged up to 0.3% in February 2026 from 0.1% in the previous month. It marked the highest reading since October, as prices increased at a faster pace in all major categories, particularly fish (1.64% vs 0.22% in January), other food items excluding fish (1.03% vs 0.26%), and non-food items (0.17% vs 0.08%). Among food items, costs accelerated for oils and fats (5.44% vs 5.13%), non-alcoholic beverages (1.71% vs 1.57%), and a rebound in vegetables (3.34% vs -5.45%). Among non-food items, deflation softened for housing and utilities (-1.12% vs -1.67%), tobacco (-0.49% vs -0.74%), and recreation and culture (-3.71% vs -5.35%), while prices moderated for transport (0.05% vs 0.87%). On a monthly basis, consumer prices slipped 0.08%, reversing a 0.16% rise in January. This marked the first decline since October 2025.