Annual inflation rate in Seychelles was 1.69 percent in December 2019, almost unchanged from 1.70 percent in the prior month. Prices slowed for fresh fish (7.86 percent vs 12.5 percent in November) and food items, excluding fresh fish (1.34 percent vs 1.57 percent) while rose slightly faster for non-food products (1.67 percent vs 1.58 percent). On a monthly basis, consumer prices went up 0.01 percent, easing from a 0.29 percent increase in the prior month. Inflation Rate in Seychelles averaged 7.19 percent from 2003 until 2019, reaching an all time high of 63.25 percent in December of 2008 and a record low of -5.54 percent in March of 2010.

Inflation Rate in Seychelles is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Seychelles to stand at 1.60 in 12 months time. In the long-term, the Seychelles Inflation Rate is projected to trend around 2.00 percent in 2020, according to our econometric models.

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Seychelles Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.69 1.70 63.25 -5.54 2003 - 2019 percent Monthly
2014=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-07 05:30 AM Sep 1.41% 1.77% 1.8%
2019-11-08 08:20 AM Oct 1.21% 1.41% 1.3%
2019-12-06 08:45 AM Nov 1.7% 1.21% 1.1%
2020-01-09 08:00 AM Dec 1.69% 1.7% 1.4%
2020-02-07 08:00 AM Jan 1.69% 1.3%


News Stream
2019-12-06
Seychelles Inflation Rate at 3-Month High of 1.7%
Annual inflation rate in Seychelles rose to 1.70 percent in November 2019 from 1.21 percent in the previous month. It was the highest inflation rate since August. Prices advanced much faster for fresh fish (12.5 percent vs 0.81 percent in October), amid reduced stocks of fish due to climate change; food items, excluding fresh fish (1.57 percent vs 1.28 percent) and non-food-items (1.58 percent vs 1.20 percent). On a monthly basis, consumer prices went up 0.29 percent, after being flat in the previous month.

2019-11-08
Seychelles Inflation Rate Lowest since 2016
Annual inflation rate in Seychelles fell to a 34-month low of 1.21 percent in October 2019 from 1.41 percent in the previous month. Prices slowed for both fresh fish (0.81 percent vs 6.88 percent in September) and non-food items (1.20 percent vs 1.39 percent). In contrast, cost of food items, excluding fresh fish continued to advance (1.28 percent vs 1.03 percent). On a monthly basis, consumer prices were flat, after decreasing 0.13 percent in the prior month.

2019-10-07
Seychelles Inflation Rate at 33-Month Low in September
Annual inflation rate in Seychelles fell to a 33-month low of 1.41 percent in September 2019 from 1.77 percent in the previous month. Prices slowed for both fresh fish (6.88 percent vs 18.1 percent in August) and non-food products (1.4 percent vs 1.7 percent). Meantime, cost of food items, excluding fresh fish rose faster (1.03 percent vs 0.79 percent). On a monthly basis, consumer prices fell 0.1 percent in September, compared to a flat reading in August.

2019-09-06
Seychelles Inflation Rate Edges Higher at 1.77%
Annual inflation rate in Seychelles rose to 1.77 percent in August 2019 from 1.53 percent in the previous month. Prices increased faster for fresh fish (18.1 percent vs 8.5 percent in July) and rebounded for food items, excluding fresh fish (0.8 percent vs -1.5 percent). Meanwhile, cost slowed for non-food products (1.7 percent vs 1.9 percent). On a monthly basis, consumer prices were flat, after increasing 0.1 percent in the prior month.

2019-08-07
Seychelles Inflation Rate at Near 2-1/2-Year Low
Annual inflation rate in Seychelles fell to 1.53 percent in July 2019 from 1.87 percent in the prior month. It was the lowest inflation rate since February 2017, as prices slowed for non-food (1.92 percent vs 2.26 percent in June) and fresh fish (8.45 percent vs 13.06 percent). In addition, cost continued to decline for food items, excluding fresh fish (-1.53 percent vs -1.48 percent). On a monthly basis, consumer prices went up 0.1 percent, after being flat in the preceding month.

2019-07-05
Seychelles Inflation Rate at Over 2-Year Low of 1.9%
The annual inflation rate in Seychelles fell to 1.9 percent in June 2019 from 2.1 percent in the previous month. It was the lowest inflation rate since March 2017, as prices slowed for non-food items (2.3 percent vs 2.6 percent in May) and continued to decline for food & non-alcoholic beverages, excluding fresh fish (-1.5 percent vs -1.9 percent). In contrast, fresh fish was more expensive (13.1 percent vs 8.5 percent). On a monthly basis, consumer prices were flat, after increasing 0.2 percent in the previous month.


Seychelles Inflation Rate
In Seychelles, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.

Seychelles Prices Last Previous Highest Lowest Unit
Inflation Rate 1.69 1.70 63.25 -5.54 percent [+]
Food Inflation 1.57 1.28 74.32 -11.41 percent [+]
Import Prices 99.51 99.82 104.28 97.36 points [+]
Producer Prices 82.66 83.39 111.48 73.06 points [+]
Producer Prices Change -5.30 -8.99 105.37 -30.61 percent [+]
Inflation Rate Mom 0.01 0.29 24.13 -2.33 percent [+]
Export Prices 113.18 115.34 116.77 94.79 points [+]
Cpi Housing Utilities 118.48 118.40 118.48 44.14 points [+]
CPI Transportation 123.78 123.72 131.18 41.51 points [+]
Consumer Price Index Cpi 112.17 112.16 112.17 46.41 points [+]
Core Consumer Prices 112.26 113.22 113.34 106.45 points [+]
Core Inflation Rate 0.53 1.32 3.99 -0.59 percent [+]