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.

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Ivory Coast Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.70 9.63 -3.84 2000 - 2020 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2020-06-15 11:00 AM May 2.3% 2.3% 2.2%
2020-07-24 11:00 AM Jun 2.8% 2.3% 2.1%
2020-08-19 11:00 AM Jul 2.7% 2.8% 3%
2020-09-23 11:00 AM Aug 2.7% 2.7% 2.6%
2020-10-15 11:00 AM Sep 2.7% 2.4%
2020-11-16 11:00 AM Oct
2020-12-11 11:00 AM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Ivory Coast Inflation Rate Steady at 2.7% in August
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.
2020-09-23
Ivory Coast July Inflation Rate Ticks Down to 2.7%
The inflation rate in Ivory Coast eased marginally to 2.7 percent in July of 2020 from 2.8 percent in the prior month. Prices advanced at a slower pace mostly for food & non-alcoholic beverages (4.4 percent vs 4.8 percent in June); housing & utilities (2.3 percent vs 2.5 percent) and furnishings (0.8 percent vs 1.1 percent). On the other hand, inflation quickened for transport (5.8 percent vs 4.9 percent) and clothing & footwear (2.3 percent vs 2 percent). On a monthly basis, consumer prices went down 0.4 percent, after rising 1 percent in the prior month.
2020-08-19
Ivory Coast Inflation Rate Highest in 7 Years
The inflation rate in Ivory Coast increased to 2.8 percent in June of 2020 from 2.3 percent in May. It is the highest reading since June of 2013 as the country eased restrictions after two months under the coronavirus lockdown. Prices rose faster for food (4.8 percent vs 3.6 percent in May), transport (4.9 percent vs a flat reading) and furnishing (1.1 percent vs 0.4 percent). In contrast, inflation eased for housing and utilities (2.5 percent vs 5.1 percent) and clothing and footwear (2 percent vs 2.1 percent) and prices fell for recreation and culture (-0.4 percent vs +0.1 percent). On a monthly basis, consumer prices went up 1 percent.
2020-07-24
Ivory Coast Inflation Rate Steady at 2.3% in May
The annual inflation rate in Ivory Coast was 2.3 percent in May of 2020, unchanged from the previous month. Prices increased at a softer pace for food & non-alcoholic beverages (3.6 percent vs 5.6 percent in April) and inflation remained steady for clothing & footwear (at 2.1 percent); furnishings (at 0.4 percent) and communication (at 1.1 percent). Meanwhile, prices rose faster for housing & utilities (5.1 percent vs 2.5 percent) while rebounded for recreation & culture (0.1 percent vs -0.2 percent). Also, transport costs were flat, after decreasing 0.3 percent in the prior month. On a monthly basis, consumer prices went up 0.4 percent, after rising 0.3 percent in the prior month.
2020-06-15

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.