The annual inflation rate in Sao Tome and Principe accelerated to 14.4% in April of 2022, from 12.8% in the previous month. It was the highest reading since August of 2011, underpinned by prices of food & non-alcoholic beverages (15.3% vs 14.6% in March), health (19.9% vs 19.5%), transport (19.5% vs 1%), housing & utilities (10.7% vs 11.9%) and restaurants & hotels (8.2% vs 0.5%). On a monthly basis, consumer prices were up 1.6%, after increasing 1.7% in the previous month. source: Central Bank of Sao Tome and Principe
Inflation Rate in Sao Tome and Principe averaged 14.21 percent from 1997 until 2022, reaching an all time high of 86.80 percent in February of 1998 and a record low of 3.50 percent in May of 2017. This page provides - Sao Tome and Principe Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Inflation Rate in Sao Tome and Principe is expected to be 15.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 7.00 percent in 2023 and 7.30 percent in 2024, according to our econometric models.