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. Inflation Rate in Ivory Coast averaged 2.29 percent from 2000 until 2019, 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. source: Intitut National de la Statistique

Inflation Rate in Ivory Coast is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Ivory Coast to stand at 1.60 in 12 months time. In the long-term, the Ivory Coast Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.


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Ivory Coast Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.20 9.63 -3.84 2000 - 2019 percent Monthly
2014=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-15 12:05 PM Sep 0.5% 0.4% 1.2%
2019-11-15 11:40 AM Oct 0.3% 0.5% 0.6%
2019-12-16 09:50 AM Nov 1.2% 0.3% -0.3%
2020-01-14 11:00 AM Dec 1.6% 1.2% 1.2%
2020-02-14 11:00 AM Jan 1.6% 0.7%


News Stream
2019-12-16
Ivory Coast Inflation Rate at 4-Month High of 1.2%
The annual inflation rate in Ivory Coast rose to 1.2 percent in November 2019 from 0.3 percent in the previous month. It was the highest inflation rate since July, amid surging prices of food & non-alcoholic beverages (2.4 percent vs 0.6 percent in October), namely fruits (9.3 percent vs 7.2 percent) and tubers & plantains (6.5 percent vs -4.2 percent). Additional upward pressure came from housing & utilities (1.5 percent vs -0.9 percent); transport (0.6 percent vs -0.7 percent); miscellaneous goods & services (0.4 percent vs -0.3 percent) and recreation & culture (0.8 percent vs 0.1 percent). In contrast, cost fell for alcoholic beverages & tobacco (-0.7 percent vs -0.9 percent) and health (-0.5 percent vs -0.3 percent). On a monthly basis, consumer prices inched up 1 percent, after edging down 0.1 percent in the previous month.

2019-11-15
Ivory Coast Inflation Rate at 8-Month Low of 0.3%
The annual inflation rate in Ivory Coast dropped to 0.3 percent in October 2019 from 0.5 percent in the previous month. This is the lowest inflation rate since February, as prices slowed mostly for food & non-alcoholic beverages (0.6 percent vs 1.1 percent in September) and restaurants & hotels (0.3 percent vs 0.5 percent). Meantime, cost fell for transport (-0.7 percent vs -1.2 percent) and housing & utilities (-0.9 percent after being flat). On a monthly basis, consumer prices went down 0.1 percent, after increasing 0.2 percent in the previous month.

2019-10-15
Ivory Coast Inflation Rate Edges Up to 0.5%
The annual inflation rate in Ivory Coast increased slightly to 0.5 percent in September 2019 from 0.4 percent in the previous month, mainly due to prices of food & non-alcoholic beverages (1.1 percent vs 0.2 percent), namely fruits (9.8 percent vs 7.2 percent) and tubers & plantains (7.7 percent vs 1.0 percent). Also, cost rebounded for restaurants & hotels (0.5 percent vs -1.4 percent) and recreation & culture (0.1 percent vs -0.9 percent) and furnishings (1.1 percent vs -0.2 percent). In contrast, prices were flat for housing & utilities (vs 0.2 percent) and they fell for transport (-1.2 percent vs 2.2 percent); health (-0.2 percent vs 0.4 percent); alcoholic beverages & tobacco (-1.5 percent vs -0.5 percent) and miscellaneous goods & services (-0.2 percent vs -0.1 percent). On a monthly basis, consumer prices went up 0.2 percent, after decreasing 1 percent in the previous month.

2019-09-16
Ivory Coast Inflation Rate at 6-Month Low of 0.4%
The annual inflation rate in Ivory Coast fell to 0.4 percent in August 2019 from 1.2 percent in the previous month. It was the lowest inflation rate since February, mainly due to prices of food & non-alcoholic beverages (0.2 percent vs 2.5 percent in July), namely vegetables (-0.1 percent vs 2.8 percent) and housing & utilities (0.2 percent vs 0.7 percent). Also, cost fell for restaurants & hotels (-1.4 percent vs 0.8 percent) and miscellaneous goods & services (-0.1 percent vs -0.8 percent); recreation & culture (-0.9 percent vs 0.8 percent); furnishings (-0.2 percent vs 0.7 percent) and alcoholic beverages & tobacco (-0.5 percent vs -1.6 percent). Meanwhile, prices advanced faster for transport (2.2 percent vs 0.7 percent). On a monthly basis, consumer prices declined 1 percent, following a 0.3 percent drop in the prior month.

2019-08-16
Ivory Coast Inflation Rate Steady at 5-Month High of 1.2%
The annual inflation rate in Ivory Coast stood at 1.2 percent in July 2019, its highest level since January, unchanged from the previous month. Main upward pressure came from housing & utilities (0.7 percent vs -0.7 percent in June); restaurants & hotels (0.8 percent vs 0.7 percent) and furnishings (0.7 percent vs -0.1 percent). Meanwhile, prices slowed mostly for food & non-alcoholic beverages (2.5 percent vs 3.4 percent), namely vegetables (2.8 percent vs 17.3 percent); transport (0.7 percent vs 1 percent); clothing & footwear (0.8 percent vs 0.9 percent) and recreation & culture (0.8 percent vs 1.4 percent). On a monthly basis, consumer prices dropped 0.3 percent, after increasing 0.5 percent in the previous month.

2019-07-11
Ivory Coast Inflation Rate Hits 5-Month High of 1.2%
The annual inflation rate in Ivory Coast went up to 1.2 percent in June 2019 from 0.8 percent in the previous month. It is the highest inflation rate since December, as prices rose sharply for food & non-alcoholic beverages (3.4 percent vs 2.1 percent in May), mainly pushed up by fresh vegetables (17.3 percent vs 0.1 percent). On the other hand, prices slowed for transport (1 percent vs 1.2 percent); restaurants & hotels (0.7 percent vs 1.5 percent) and education (1.2 percent vs 2.2 percent). Meantime, cost fell for housing & utilities (-0.7 percent vs -1.8 percent); furnishings (-0.1 percent vs 1.7 percent) and miscellaneous goods & services (-0.6 percent vs 0.3 percent). On a monthly basis, consumer prices increased 0.5 percent, up from a 0.4 percent gain in the prior month.


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.

Ivory Coast Prices Last Previous Highest Lowest Unit
Inflation Rate 1.60 1.20 9.63 -3.84 percent [+]
Food Inflation 3.50 2.40 9.00 -5.20 percent [+]
Consumer Price Index Cpi 105.00 104.50 107.30 97.70 points [+]
Cpi Housing Utilities 107.30 106.80 119.50 102.50 points [+]
Cpi Transportation 99.40 99.40 109.73 55.44 points [+]
Inflation Rate Mom 0.50 1.00 1.10 -1.40 percent [+]