The annual inflation rate in Ivory Coast increased 2.3 percent in January of 2021, unchanged from the prior month. Main upward pressure came from prices of food & non-alcoholic beverages (3.2 percent), mainly attributed to tubers & bananas (24.4 percent); housing & utilities (1.7 percent), due to higher rents (4.5 percent); transports (2.8 percent); restaurants & hotels (2.6 percent); and clothing & footwear (1.9 percent). On a monthly basis, consumer prices edged up 0.2 percent, after increasing 1.1 percent in the previous month. source: Intitut National de la Statistique

Inflation Rate in Ivory Coast averaged 2.29 percent from 2000 until 2021, 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 February of 2021.

Inflation Rate in Ivory Coast is expected to be 1.70 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 2.00 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 2.30 9.63 -3.84 2000 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 11:00 AM Oct 3.1% 1.9% 1.7%
2020-12-17 11:00 AM Nov 1.7% 3.1% 2.8%
2021-01-20 09:00 AM Dec 2.3% 1.7% 2%
2021-02-24 03:00 PM Jan 2.3% 2.3% 2%
2021-03-16 10:45 AM Feb 2.3%
2021-04-15 11:00 AM Mar
2021-05-18 11:00 AM Apr
2021-06-15 11:00 AM May


News Stream
Ivory Coast Inflation Rate Unchanged at 2.3%
The annual inflation rate in Ivory Coast increased 2.3 percent in January of 2021, unchanged from the prior month. Main upward pressure came from prices of food & non-alcoholic beverages (3.2 percent), mainly attributed to tubers & bananas (24.4 percent); housing & utilities (1.7 percent), due to higher rents (4.5 percent); transports (2.8 percent); restaurants & hotels (2.6 percent); and clothing & footwear (1.9 percent). On a monthly basis, consumer prices edged up 0.2 percent, after increasing 1.1 percent in the previous month.
2021-02-24
Ivory Coast December Inflation Rate Rises to 2.3%
The annual inflation rate in Ivory Coast increased to 2.3 percent in December of 2020 from 1.7 percent in the previous month. Main upward pressure came from prices of food & non-alcoholic beverages (2.8 percent vs 2.1 percent in November), of which tubers & plantains (15.6 percent) and oils & fats (13.5 percent). Costs also advanced faster mostly for transport (3 percent vs 1.3 percent); education (4.1 percent vs 3.9 percent); restaurants & hotels (2.6 percent vs 2.4 percent) and clothing & footwear (2.3 percent vs 1.7 percent). On a monthly basis, consumer prices were up 1.1 percent, after decreasing 0.3 percent in the previous month.
2021-01-20
Ivory Coast November Inflation Rate at 11-Month Low
The annual inflation rate in Ivory Coast fell to 1.7% in November of 2020 from 3.1% in the previous month. It was the lowest inflation rate since December of 2019, amid a slowdown in prices of food & non-alcoholic beverages (2.1% vs 5%) housing & utilities (2.3% vs 4.3%) and transport (1.3% vs 3.7%). On a monthly basis, consumer prices were down 0.3%, after increasing 1% in the previous month.
2020-12-17
Ivory Coast Rises to Over 7-Year High of 3.1% in October
The annual inflation rate in Ivory Coast rose to 3.1 percent in October of 2020 from 1.9 percent in the previous month. It was the highest inflation rate since May 2013, mainly due to food & non-alcoholic beverages (5 percent vs 2.3 percent in September); housing & utilities (4.3 percent vs 3.7 percent); transport (3.7 percent vs 1.6 percent); and restaurants & hotels (2.5 percent vs 2.2 percent). On the other hand, cost of health slowed (0.7 percent vs 1.7 percent). On a monthly basis, consumer prices went up 1 percent, rebounding from a 0.6 percent drop in the prior month.
2020-11-27

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.