The annual inflation rate in Ivory Coast was 2.7 percent in August of 2020, unchanged from July, amid a slowdown in prices of transport (0.7 percent vs 5.8 percent in July) and clothing & footwear (2 percent vs 2.3 percent). In contrast, inflation quickened for food & non-alcoholic beverages (4.6 percent vs 4.4 percent); housing & utilities (3.1 percent vs 2.3 percent) and restaurants & hotels (4.2 percent vs 1.8 percent). On a monthly basis, consumer prices decreased 1 percent, after falling 0.4 percent in the prior 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 September of 2020. source: Intitut National de la Statistique
Inflation Rate in Ivory Coast is expected to be 2.40 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 1.70 in 12 months time. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 1.70 percent in 2021 and 2.00 percent in 2022, according to our econometric models.