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.

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Senegal Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-24 09:30 AM Mar 9.5% 9.4% 9.0%
2023-05-10 09:30 AM Apr 9% 9.5% 9.3%
2023-06-09 10:00 AM May 9% 8.7%


Related Last Previous Unit Reference
Inflation Rate 9.00 9.50 percent Apr 2023
Food Inflation 11.50 11.90 percent Apr 2023
CPI Transportation 112.00 112.00 points Apr 2023
CPI Housing Utilities 109.50 111.30 points Apr 2023
Consumer Price Index CPI 125.00 124.30 points Apr 2023
Producer Prices Change 1.04 1.30 percent Apr 2023
Producer Prices 136.60 135.00 points Apr 2023
Inflation Rate MoM 0.50 -0.70 percent Apr 2023
Import Prices 145.50 142.10 points Mar 2023
Export Prices 135.50 139.20 points Mar 2023

Senegal Inflation Rate
In Senegal, the three main components of the Consumer Price Index are: Food & Non-alcoholic Beverages (50% of the total weight); Housing & Utilities (12%) and Clothing & Footwear (7%). Others include: Transport (6%), Household Contents, Equipment & Maintenance (5%), Miscellaneous Goods & Services (4%), Restaurants & Hotels (4%), Communications (3%), Education (2%) and Alcoholic Beverages & Tobacco (0.49%).
Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.50 14.10 -4.70 2006 - 2023 percent Monthly
2014=100

News Stream
Senegal Inflation Rate Slows to 10-Month Low of 9%
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.
2023-05-10
Senegal Inflation Rate Up to 9.5% in March
The annual inflation rate in Senegal edged up to 9.5% in March 2023 from 9.4% in the prior month, which was the lowest reading since June 2022, mainly due to soaring prices of food & non-alcoholic beverages (11.9% vs 11.6% in February). Meanwhile, prices slowed down a bit for other CPI items such as recreation & culture (15.8% vs 16%); housing & utilities (8.3% vs 8.7%); restaurants & hotels (8.8% vs 9.5%) and miscellaneous goods & services (6.2% vs 6.6%). On a monthly basis, consumer prices decreased by 0.7% in March, after rising by 0.4% in the prior month.
2023-04-24
Senegal Inflation Rate Slows for 3rd Month
Annual inflation rate in Senegal eased for a third consecutive month to 9.4% in February of 2023, the lowest reading in eight months, compared to 10.6% in January. There was a slowdown in cost for food & non-alcoholic beverages (11.6% vs 13.7% in January); clothing & footwear (5.2%t vs 5.3%), health (2.8% vs 2.9%), and alcoholic beverages & tobacco (3.5% vs 4.1%). On the other hand, inflation for housing and utilities was steady (at 8.7%) and transport prices increased faster (4.9% vs 4.3%). Compared to the previous month, the CPI rose 0.4%, rebounding from a 1.7% drop in January, led by higher food, transport and furniture prices.
2023-03-28