The inflation rate in Benin was recorded at 0.30 percent in December of 2019. Inflation Rate in Benin averaged 2.09 percent from 2001 until 2019, reaching an all time high of 15.20 percent in August of 2008 and a record low of -3.80 percent in April of 2017.
Inflation Rate in Benin 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 in Benin to stand at 1.00 in 12 months time. In the long-term, the Benin Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.