The annual inflation rate in Burkina Faso eased to 6.1 percent in February 2023 from 8.2 percent in the previous month. It was the softest increase since November 2021, as prices slowed sharply for food & non-alcoholic beverages (7.7 percent vs 10.8 percent in January), alcohol & tobacco (12.2 percent vs 14.4 percent) and housing & utilities (8.8 percent vs 13.4 percent). On a monthly basis, the CPI grew 0.3 percent, after a 1.8 percent fall in January. source: Institut National de la Statistique et de la Demographie, Burkina Faso

Inflation Rate in Burkina Faso averaged 2.48 percent from 2000 until 2023, reaching an all time high of 18.20 percent in July of 2022 and a record low of -5.40 percent in September of 2019. This page provides - Burkina Faso Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Inflation Rate - values, historical data and charts - was last updated on March of 2023.

Inflation Rate in Burkina Faso is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Burkina Faso Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 6.10 8.20 percent Feb 2023
Food Inflation 7.70 10.80 percent Feb 2023
Inflation Rate MoM 0.30 -1.80 percent Feb 2023
CPI Transportation 107.90 106.30 points Feb 2023
CPI Housing Utilities 108.10 108.90 points Feb 2023
Consumer Price Index CPI 121.30 121.00 points Feb 2023

Burkina Faso Inflation Rate
In Burkina Faso, the main component of the consumer price index is Food and Non-Alcoholic Beverages (50 percent of total weight). Others include Housing and Utilities (9 percent); Transport (9 percent); Clothing and Footwear (6 percent) and Restaurants and Hotels (6 percent). Household Contents, Equipment and Maintenance, Miscellaneous goods and Services, Alcoholic Beverages and Tobacco, Communication, Health, Education and Recreation and Culture account for the remaining 20 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
6.10 8.20 18.20 -5.40 2000 - 2023 percent Monthly
2014=100, NSA