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.