The annual inflation rate in the Ivory Coast eased to 3.5% in May of 2022, from 4% in the previous month. It was the lowest reading since June last year, amid slowing prices of food & non-alcoholic beverages (5.2% vs 7.5% in April), on account of fresh vegetables (-2.5% vs 11.5%); tubers & plantains (-2.3% vs 3.9%); unprocessed cereals (5.1% vs 6.9%) and oils & fats (4.% vs 12.6%). Costs also rose at a softer pace for housing & utilities (3.9% vs 4.7%) and fell further for recreation & culture (-0.7% vs -0.3%). Meanwhile, prices accelerated mostly for transport (4.4% vs 3.7%); miscellaneous goods & services (4.2% vs 3.5%) and restaurants & hotels (3.2% vs 2.8%). On a monthly basis, consumer prices were up 0.2%, down from a 0.4% increase in the previous month. source: Intitut National de la Statistique

Inflation Rate in Ivory Coast averaged 2.42 percent from 2000 until 2022, reaching an all time high of 9.63 percent in September of 2008 and a record low of -3.84 percent in April of 2012. This page provides the latest reported value for - Ivory Coast Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ivory Coast Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Inflation Rate in Ivory Coast is expected to be 3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 3.00 percent in 2023 and 2.70 percent in 2024, according to our econometric models.

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Ivory Coast Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-24 11:00 AM Apr 4% 4.5% 4.7%
2022-06-21 11:00 AM May 3.5% 4% 4%
2022-07-22 11:00 AM Jun 3.5% 3.7%


Related Last Previous Unit Reference
Inflation Rate 3.50 4.00 percent May 2022
Food Inflation 5.20 7.50 percent May 2022
Inflation Rate Mom 0.20 0.40 percent May 2022
CPI Transportation 107.60 106.90 points May 2022
CPI Housing Utilities 117.30 117.40 points May 2022
Consumer Price Index CPI 114.90 114.70 points May 2022

Ivory Coast Inflation Rate
In Ivory Coast, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories are: Food and non-alcoholic beverages (25 percent of the total weight); Housing, water, electricity, gas and other fuels (13 percent); Restaurants and Hotels (13 percent); Transport (12 percent); and Clothing and Footwear (10 percent). Communication account for 7 percent and Miscellaneous Goods and Services for 5 percent. The index also includes: Health (4 percent) and Furnishings, household equipment and routine maintenance of the house (4 percent). Education, Recreation and Culture and Alcoholic beverages and tobacco account for the remaining 7 percent.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 4.00 9.63 -3.84 2000 - 2022 percent Monthly
2014=100

News Stream
Ivory Coast May Inflation Rate at Near 1-Year Low
The annual inflation rate in the Ivory Coast eased to 3.5% in May of 2022, from 4% in the previous month. It was the lowest reading since June last year, amid slowing prices of food & non-alcoholic beverages (5.2% vs 7.5% in April), on account of fresh vegetables (-2.5% vs 11.5%); tubers & plantains (-2.3% vs 3.9%); unprocessed cereals (5.1% vs 6.9%) and oils & fats (4.% vs 12.6%). Costs also rose at a softer pace for housing & utilities (3.9% vs 4.7%) and fell further for recreation & culture (-0.7% vs -0.3%). Meanwhile, prices accelerated mostly for transport (4.4% vs 3.7%); miscellaneous goods & services (4.2% vs 3.5%) and restaurants & hotels (3.2% vs 2.8%). On a monthly basis, consumer prices were up 0.2%, down from a 0.4% increase in the previous month.
2022-06-21
Ivory Coast Inflation Rate Hits 9-Month Low
The annual inflation rate in the Ivory Coast eased for the third straight month to 4% in April of 2022, from 4.5% in the previous month. It was the softest inflation rate since last July, amid a further slowdown in prices of food & non-alcoholic beverages (7.5% vs 8.5%), of which fresh vegetables (11.5% vs 14.4%) and unprocessed cereals (6.9% vs 6.4%). Inflation also eased for housing & utilities (4.7% vs 5.7%); communication (0.2% vs 2.1%) and miscellaneous goods & services (3.5% vs 3.6%). On a monthly basis, consumer prices went up 0.4%, following a 0.1% uptick in the previous month.
2022-05-24
Ivory Coast March Inflation Rate Hits 5-Month Low
The annual inflation rate in the Ivory Coast eased for the second straight month to 4.5% in March of 2022, from 4.6% in the previous month. It was the lowest reading since October last year, amid a slowdown in prices of food & non-alcoholic beverages (8.5% vs 8.8% in February), namely fresh vegetables (14.4% vs 30.4%) and unprocessed cereals (6.4% vs 9%). Costs also rose at a softer pace for communications (2.1% vs 2.7%), while inflation remained steady for transportation (at 3.6%) and housing & utilities (at 5.7%). On a monthly basis, consumer prices were up 0.1%, slowing from a 0.3% rise in the prior month.
2022-04-20