Annual inflation rate in Senegal accelerated to 7.4% in May of 2022, a record high rate since at least 2006, from 7% in April. Cost of food recorded the biggest increase (12%), followed by restaurants and hotels (5.1%), clothing and textiles (4.1%), furniture (4%) and housing and utilities (3.6%). Compared to the previous month, consumer prices rose 0.7%. source: ANSD, Senegal

Inflation Rate in Senegal averaged 1.76 percent from 2006 until 2022, reaching an all time high of 7.40 percent in May of 2022 and a record low of -4.70 percent in August of 2009. This page provides the latest reported value for - Senegal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Inflation Rate in Senegal is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Inflation Rate is projected to trend around 3.40 percent in 2023 and 2.70 percent in 2024, according to our econometric models.

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Senegal Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-24 10:00 AM Apr 7% 6.2% 6.4%
2022-06-16 10:00 AM May 7.4% 7% 7.6%
2022-07-08 10:00 AM Jun 7.4% 7.7%


Related Last Previous Unit Reference
Inflation Rate 7.40 7.00 percent May 2022
Food Inflation 12.00 11.40 percent May 2022
Inflation Rate Mom 0.70 1.00 percent May 2022
CPI Transportation 107.10 107.20 points May 2022
CPI Housing Utilities 103.90 103.40 points May 2022
Consumer Price Index CPI 115.50 114.60 points May 2022
Producer Prices Change 25.70 25.60 percent Apr 2022
Producer Prices 135.80 134.00 points Apr 2022
Import Prices 118.60 120.80 points Mar 2022
Export Prices 123.90 120.10 points Mar 2022

Senegal Inflation Rate
In Senegal, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (49.6 percent of total weight); Housing and Utilities (12 percent) and Clothing and Footwear (7.3 percent). Others include: Transport (5.6 percent); Household Contents, Equipment and Maintenance (5 percent); Miscellaneous Goods and Services (3.8 percent) and Restaurants and Hotels (3.8 percent). Recreation and Culture, Health, Communication, Education and Alcoholic Beverages and Tobacco account for the remaining 12.7 percent of total weight. .
Actual Previous Highest Lowest Dates Unit Frequency
7.40 7.00 7.40 -4.70 2006 - 2022 percent Monthly
2014=100

News Stream
Senegal Inflation Rate Reaches Record High
Annual inflation rate in Senegal accelerated to 7.4% in May of 2022, a record high rate since at least 2006, from 7% in April. Cost of food recorded the biggest increase (12%), followed by restaurants and hotels (5.1%), clothing and textiles (4.1%), furniture (4%) and housing and utilities (3.6%). Compared to the previous month, consumer prices rose 0.7%.
2022-06-16
Senegal April Inflation Rate at Near 14-Year High
The annual inflation rate in Senegal rose to 7 percent in April of 2022 from 6.2 percent in the previous month, reaching the highest point since September of 2008. Main upward pressure came from prices of food & non-alcoholic beverages (11.4 percent vs 10.2 percent in March); restaurants & hotels (5.1 percent vs 4.3 percent); clothing & footwear (4.1 percent vs 2 percent) and housing & utilities (3.1 percent vs 2.5 percent). By contrast, communication costs fell further (-7.1 percent vs -6 percent). On a monthly basis, consumer prices inched up by 1 percent, after a 0.8 percent decrease in the previous month.
2022-05-24
Senegal Inflation Rate Softens to 6.2% in March
The annual inflation rate in Senegal eased to 6.2 percent in March of 2022 from 6.5 percent in the previous month, which was the highest inflation rate since October of 2008. Prices eased for food & non-alcoholic beverages (10.2 percent vs 10.6 percent in February) and housing and utilities (2.5 percent vs 2.9 percent) while accelerated for clothing and footwear (2 percent vs 1.7 percent). On a monthly basis, consumer prices fell 0.8 percent compared to a 1.4 percent rise in the previous month.
2022-04-18