The Consumer Price Index in Algeria decreased 1.60 percent in July of 2020 over the previous month.
Inflation Rate Mom in Algeria averaged 0.42 percent from 2008 until 2020, reaching an all time high of 2.80 percent in August of 2011 and a record low of -2.70 percent in May of 2009. This page provides the latest reported value for - Algeria Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Algeria Inflation Rate MoM - values, historical data and charts - was last updated on September of 2020.
Inflation Rate Mom in Algeria is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate Mom in Algeria to stand at 0.80 in 12 months time. In the long-term, the Algeria Inflation Rate MoM is projected to trend around 1.10 percent in 2021 and 1.30 percent in 2022, according to our econometric models.