The annual inflation rate in Senegal eased marginally to 9% in April 2023, from 9.5% in the prior month. This was the lowest reading since June last year, as prices softened a bit for food & non-alcoholic beverages (11.5% vs 11.9% in March); recreation & culture (15.7% vs 15.8%) and restaurants & hotels (8.1% vs 8.8%); housing & utilities (5.9% vs 8.3%); transportation (4.5% vs 4.7%). On a monthly basis, consumer prices were up by 0.5% in April, after decreasing by 0.7% in the prior month. source: ANSD, Senegal
Inflation Rate in Senegal averaged 2.25 percent from 2006 until 2023, reaching an all time high of 14.10 percent in November of 2022 and a record low of -4.70 percent in August of 2009. This page provides the latest reported value for - Senegal Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Senegal Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Inflation Rate in Senegal is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Inflation Rate is projected to trend around 5.00 percent in 2024 and 4.50 percent in 2025, according to our econometric models.