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.

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Sao Tome and Principe Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-24 11:00 AM Mar 12.8% 12.1% 12.6%
2022-05-24 11:00 AM Apr 14.4% 12.8% 13.2%
2022-06-27 11:00 AM May 14.4% 14.7%


Related Last Previous Unit Reference
Inflation Rate 14.40 12.80 percent Apr 2022
Inflation Rate Mom 1.60 1.70 percent Apr 2022
Consumer Price Index CPI 170.00 167.40 points Apr 2022

Sao Tome and Principe Inflation Rate
In Sao Tome and Principe, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (72.7 percent of total weight); Housing & Utilities (5.5 percent) and Transport (4.0 percent). Others include: Alcoholic Beverages and Tobacco (3.8 percent); Household Contents, Equipment and Maintenance (3.8 percent) and Clothing and Footwear (3.3 percent). Communications, Restaurants and Hotels, Miscellaneous Goods and Services, Recreation and Culture, Education and Health account for the remaining 6.9 percent of total weight. .
Actual Previous Highest Lowest Dates Unit Frequency
14.40 12.80 86.80 3.50 1997 - 2022 percent Monthly
2014M12=100, NSA

News Stream
Sao Tome and Principe Inflation Rate Steepest since 2011
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.
2022-05-24
Sao Tome and Principe Inflation Rate at Over 1-1/2-Year Low
The annual inflation rate in Sao Tome and Principe fell for the third straight month to 6.4 percent in June of 2021, from 6.8 percent in the prior month. It was the lowest inflation rate since October of 2019. On a monthly basis, consumer prices went up 0.3 percent, the same pace as in the previous month.
2021-08-26
Sao Tome and Principe Inflation Rate at 1-1/2-Year Low
The annual inflation rate in Sao Tome and Principe fell to 6.8 percent in May of 2021 from 7.4 percent in the previous month. It was the lowest inflation rate since November of 2019, mainly due to a slowdown in prices of food & non-alcoholic beverages (7.9 percent vs 8.8 percent in April). On a monthly basis, consumer prices went up 0.3 percent, after a 0.2 percent increase in the previous month.
2021-07-13