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.