The annual inflation rate in Sao Tome and Principe fell to 6.8 percent in May of 2021 from 7.4 percent in the previous month. It was the lowest inflation rate since November of 2019, mainly due to a slowdown in prices of food & non-alcoholic beverages (7.9 percent vs 8.8 percent in April). On a monthly basis, consumer prices went up 0.3 percent, after a 0.2 percent increase in the previous month. source: Central Bank of Sao Tome and Principe

Inflation Rate in Sao Tome and Principe averaged 14.39 percent from 1997 until 2021, reaching an all time high of 86.80 percent in February of 1998 and a record low of 3.50 percent in May of 2017. This page provides - Sao Tome and Principe Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Inflation Rate in Sao Tome and Principe is expected to be 8.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Sao Tome and Principe to stand at 7.00 in 12 months time. In the long-term, the Sao Tome and Principe Inflation Rate is projected to trend around 7.80 percent in 2022 and 6.00 percent in 2023, according to our econometric models.

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Sao Tome and Principe Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.80 7.36 86.80 3.50 1997 - 2021 percent Monthly
2014M12=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-23 11:30 AM Feb 8.3% 8.2% 8%
2021-04-23 11:30 AM Mar 9.1% 8.3% 8.5%
2021-06-17 11:00 AM Apr 7.36% 9.1% 9.3%
2021-07-13 10:00 AM May 6.8% 7.36% 9.6%
2021-08-17 11:00 AM Jun 6.8%
2021-09-16 11:00 AM Jul
2021-10-08 11:00 AM Aug
2021-11-17 11:00 AM Sep


News Stream
Sao Tome and Principe Inflation Rate at 1-1/2-Year Low
The annual inflation rate in Sao Tome and Principe fell to 6.8 percent in May of 2021 from 7.4 percent in the previous month. It was the lowest inflation rate since November of 2019, mainly due to a slowdown in prices of food & non-alcoholic beverages (7.9 percent vs 8.8 percent in April). On a monthly basis, consumer prices went up 0.3 percent, after a 0.2 percent increase in the previous month.
2021-07-13
Sao Tome and Principe Inflation Rate Highest since 2013
The annual inflation rate in Sao Tome and Principe rose to 10.8 percent in September of 2020 from 10.1 percent in the prior month. It was the highest inflation rate since March 2013 amid rising prices of agricultural products, partly attributed to the Covid-19 pandemic. On a monthly basis, consumer prices inched up 1 percent, the most since April, following a 0.2 percent increase in the previous month.
2020-11-17

Sao Tome and Principe Inflation Rate
In Sao Tome and Principe, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (72.7 percent of total weight); Housing & Utilities (5.5 percent) and Transport (4.0 percent). Others include: Alcoholic Beverages and Tobacco (3.8 percent); Household Contents, Equipment and Maintenance (3.8 percent) and Clothing and Footwear (3.3 percent). Communications, Restaurants and Hotels, Miscellaneous Goods and Services, Recreation and Culture, Education and Health account for the remaining 6.9 percent of total weight. .