The annual inflation rate in Ivory Coast eased to 2.3 percent in April of 2020 from 2.6 percent in the prior month, as prices dropped for transport (-0.3 percent vs 1.7 percent in March); health (-0.9 percent vs 0.4 percent) and recreation & culture (-0.2 percent vs -0.7 percent). In addition, inflation slowed slightly for food & non-alcoholic beverages (5.6 percent vs 5.7 percent) and housing & utilities (2.5 percent vs 2.6 percent). On a monthly basis, consumer prices went up 0.3 percent compared to a 0.4 percent increase in the previous month.

Inflation Rate in Ivory Coast averaged 2.29 percent from 2000 until 2020, reaching an all time high of 9.63 percent in September of 2008 and a record low of -3.84 percent in April of 2012. This page provides the latest reported value for - Ivory Coast Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ivory Coast Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Intitut National de la Statistique

Inflation Rate in Ivory Coast is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ivory Coast to stand at 1.80 in 12 months time. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 3.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Ivory Coast Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.40 9.63 -3.84 2000 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-13 03:00 PM Jan 2.0% 1.6% 0.7%
2020-03-16 10:45 AM Feb 2.6% 2.0% -0.2%
2020-04-15 11:00 AM Mar 2.4% 2.6% 2.3%
2020-05-18 11:00 AM Apr 2.3% 2.4% 2.3%
2020-06-15 11:00 AM May 2.3%
2020-07-10 11:00 AM Jun 3.5%
2020-08-17 11:00 AM Jul
2020-09-16 11:00 AM Aug


News Stream
Ivory Coast April Inflation Rate Edges Down to 2.3%
The annual inflation rate in Ivory Coast eased to 2.3 percent in April of 2020 from 2.6 percent in the prior month, as prices dropped for transport (-0.3 percent vs 1.7 percent in March); health (-0.9 percent vs 0.4 percent) and recreation & culture (-0.2 percent vs -0.7 percent). In addition, inflation slowed slightly for food & non-alcoholic beverages (5.6 percent vs 5.7 percent) and housing & utilities (2.5 percent vs 2.6 percent). On a monthly basis, consumer prices went up 0.3 percent compared to a 0.4 percent increase in the previous month.
2020-05-18
Ivory Coast February Inflation Rate Highest since 2013
The annual inflation rate in Ivory Coast rose to 2.6 percent in February of 2020 from 2 percent in the previous month. The rate was the highest since June of 2013, boosted by prices of food & non-alcoholic beverages (5.4 percent vs 3.8 percent), namely fish (10.3 percent); tubers & plantains (8.3 percent) and fruits (4.5 percent). Also, costs advanced faster for transport (1.7 percent vs 0.9 percent); restaurants & hotels (1 percent vs 0.5 percent) and clothing & footwear (1.7 percent vs 1.5 percent). On a monthly basis, consumer prices went up 0.4 percent, after increasing 0.2 percent in the previous month.
2020-03-16
Ivory Coast January Inflation Rate at 1-Year High of 2%
The annual inflation rate in Ivory Coast rose to 2 percent in January 2020 from 1.6 percent in the previous month. It was the highest inflation rate since January of last year, as prices advanced faster mostly for food & non-alcoholic beverages (3.8 percent vs 3.5 percent in December), namely oils & fats (7.9 percent vs 4.6 percent) and fruits (7.4 percent vs 5.8 percent). Additional upward pressure came from cost of housing & utilities (3.2 percent vs 2.1 percent); clothing & footwear (1.5 percent vs 1.4 percent); restaurants & hotels (0.5 percent vs -1 percent) and transport (0.9 percent vs 0.7 percent). On a monthly basis, consumer prices went up 0.2 percent, slowing from a 0.5 percent rise in the previous month.
2020-02-13
Ivory Coast Inflation Rate Nears 1-Year High of 1.6%
The annual inflation rate in Ivory Coast rose to 1.6 percent in December 2019 from 1.2 percent in the previous month. It was the highest inflation rate since January, as prices advanced faster mostly for food & non-alcoholic beverages (3.5 percent vs 2.4 percent in November), pushed up by fish (9.7 percent vs 5.2 percent) and oils & fats (4.6 percent vs -0.6 percent); housing & utilities (2.1 percent vs 1.5 percent); transport (0.7 percent vs 0.6 percent) and clothing & footwear (1.4 percent vs 0.9 percent). In contrast, cost fell for restaurants & hotels (-1 percent vs 0.2 percent); alcoholic beverages & tobacco (-0.2 percent vs -1.7 percent) and furnishings (-0.7 percent vs 0.6 percent). On a monthly basis, consumer prices went up 0.5 percent, after increasing 1 percent in the previous month.
2020-01-14

Ivory Coast Inflation Rate
In Ivory Coast, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories are: Food and non-alcoholic beverages (25 percent of the total weight); Housing, water, electricity, gas and other fuels (13 percent); Restaurants and Hotels (13 percent); Transport (12 percent); and Clothing and Footwear (10 percent). Communication account for 7 percent and Miscellaneous Goods and Services for 5 percent. The index also includes: Health (4 percent) and Furnishings, household equipment and routine maintenance of the house (4 percent). Education, Recreation and Culture and Alcoholic beverages and tobacco account for the remaining 7 percent.