The annual inflation rate in Cape Verde was at 1.7 percent in November of 2018, unchanged from the previous month. Prices advanced at a faster pace for transport (5.2 percent compared to 4.9 percent in October) and hotels, cafes and restaurants (1.4 percent compared to 1.1 percent). Also, cost of clothing and footwear fell less (-1.0 percent compared to -1.8 percent). Meanwhile, prices eased for housing and utilities (2.6 percent compared to 2.8 percent) and education (0.8 percent compared to 1.8 percent). Additionally, inflation was steady for food and non-alcoholic beverages (at 1.2 percent, the same as in October); health (1.8 percent) and recreation and culture (1.3 percent). On a monthly basis, consumer prices were unchanged, after a 0.3 percent gain in the prior month. Inflation Rate in Cape Verde averaged 2.03 percent from 1990 until 2018, reaching an all time high of 10.20 percent in October of 2008 and a record low of -4.40 percent in February of 2004.

Inflation Rate in Cape Verde is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Cape Verde to stand at 1.60 in 12 months time. In the long-term, the Cape Verde Inflation Rate is projected to trend around 2.10 percent in 2020, according to our econometric models.

Cape Verde Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-14 11:00 AM Inflation Rate YoY 1.0% 2.0% 2.2%
2018-10-12 02:40 PM Inflation Rate YoY 1.1% 1.0% 1.3%
2018-11-16 11:30 AM Inflation Rate YoY 1.7% 1.1% 1.3%
2018-12-14 11:30 AM Inflation Rate YoY 1.7% 1.7% 1.8%
2019-02-01 09:00 AM Inflation Rate YoY 1.7% 2%
2019-03-01 04:50 PM Inflation Rate YoY
2019-03-15 09:30 AM Inflation Rate YoY


Cape Verde Prices Last Previous Highest Lowest Unit
Inflation Rate 1.70 1.70 10.20 -4.40 percent [+]
Food Inflation 1.20 1.20 13.80 -3.75 percent [+]
Inflation Rate Mom 0.00 0.30 0.80 -1.30 percent [+]
Consumer Price Index CPI 121.10 121.10 121.10 91.90 Index Points [+]
Core Consumer Prices 122.80 122.70 123.40 113.30 Index Points [+]
Core Inflation Rate 0.20 0.10 3.70 -0.70 percent [+]
Cpi Housing Utilities 116.30 116.30 129.80 80.30 Index Points [+]
Cpi Transportation 113.50 113.20 120.40 86.40 Index Points [+]


Cape Verde Inflation Rate

In Cape Verde, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides the latest reported value for - Cape Verde Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Cape Verde Inflation Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 1.70 10.20 -4.40 1990 - 2018 percent Monthly
2007=100




Country Last Previous
Argentina 48.00 Nov/18
Australia 1.90 Sep/18
Brazil 4.05 Nov/18
Canada 2.40 Oct/18
China 2.20 Nov/18
Euro Area 1.90 Nov/18
France 1.90 Nov/18
Germany 2.30 Nov/18
India 2.33 Nov/18
Indonesia 3.23 Nov/18
Italy 1.60 Nov/18
Japan 1.40 Oct/18
Mexico 4.72 Nov/18
Netherlands 2.00 Nov/18
Russia 3.80 Nov/18
Saudi Arabia 2.40 Oct/18
Singapore 0.70 Oct/18
South Africa 5.20 Nov/18
South Korea 2.00 Nov/18
Spain 1.70 Nov/18
Switzerland 0.90 Nov/18
Turkey 21.62 Nov/18
United Kingdom 2.40 Oct/18
United States 2.20 Nov/18


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