The annual inflation rate in Senegal eased to 1.2 percent in March of 2021 from 1.7 percent in the prior month. Consumer prices increased at a slower pace for food & non-alcoholic beverages (1.2 percent vs 2.5 percent in February) and transports (3.3 percent vs 4.1 percent) but accelerated for housing &utilities (1.0 percent vs 0.5 percent) and health (1.2 percent vs 0.6 percent). Meanwhile, inflation was unchanged for restaurants and hotels (2.1 percent), while communications recorded a slower decline (-1.6 percent vs -3.6 percent). On a monthly basis, consumer prices edged down 0.5 percent, following a 0.5 percent increase in the previous month. source: ANSD, Senegal

Inflation Rate in Senegal averaged 1.59 percent from 2006 until 2021, reaching an all time high of 7.20 percent in September of 2008 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 May of 2021.

Inflation Rate in Senegal is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Senegal to stand at 3.00 in 12 months time. In the long-term, the Senegal Inflation Rate is projected to trend around 3.40 percent in 2022 and 3.60 percent in 2023, according to our econometric models.

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Senegal Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.70 7.20 -4.70 2006 - 2021 percent Monthly
2014=100


Calendar GMT Actual Previous Consensus TEForecast
2021-01-11 11:00 AM Dec 2.4% 2.4% 2.2%
2021-02-19 10:30 AM Jan 0.9% 2.4% 2.5%
2021-03-17 03:30 PM Feb 1.7% 0.9% 1.3%
2021-04-09 02:00 PM Mar 1.2% 1.7% 2.3%
2021-05-10 02:00 PM Apr 1.2% 1.4%
2021-06-11 03:30 PM May
2021-07-09 03:30 PM Jun
2021-08-13 01:30 PM Jul


News Stream
Senegal February Inflation Rate Eases to 1.2% in March
The annual inflation rate in Senegal eased to 1.2 percent in March of 2021 from 1.7 percent in the prior month. Consumer prices increased at a slower pace for food & non-alcoholic beverages (1.2 percent vs 2.5 percent in February) and transports (3.3 percent vs 4.1 percent) but accelerated for housing &utilities (1.0 percent vs 0.5 percent) and health (1.2 percent vs 0.6 percent). Meanwhile, inflation was unchanged for restaurants and hotels (2.1 percent), while communications recorded a slower decline (-1.6 percent vs -3.6 percent). On a monthly basis, consumer prices edged down 0.5 percent, following a 0.5 percent increase in the previous month.
2021-04-09
Senegal February Inflation Rate Rebounds from 1-Year Low
The annual inflation rate in Senegal increased to 1.7 percent in February of 2021 from an over 1-year low of 0.9 percent in the prior month. Main upward pressure came from cost of food & non-alcoholic beverages (2.5 percent vs 0.6 percent in January); housing &utilities (0.5 percent vs 0.4 percent) and restaurants and hotels (2.1 percent vs 1.8 percent). Meanwhile inflation was unchanged for transportation (4.1 percent) and miscellaneous goods and services (1.8 percent) . On the other hand, prices declined for clothing and footwear (-0.2 percent vs 0.1 percent). On a monthly basis, consumer prices went up 0.5 percent, following a 1.4 decrease in the previous month.
2021-03-17
Senegal January Inflation Rate at Over 1-Year Low
The annual inflation rate in Senegal fell to 0.9 percent in January of 2021 from 2.4 percent in the previous month. It was the lowest inflation rate since December of 2019, as prices slowed markedly for food & non-alcoholic beverages (0.6 percent vs 3.3 percent in December). In addition, costs decreased for communication (-1.2 percent vs 1.1 percent) and recreation & culture (-0.2 percent vs 0.4 percent). On a monthly basis, consumer prices slumped 1.4 percent, the biggest decline since March of 2018.
2021-02-22
Senegal December Inflation Rate Steady at 5-Month Low
The annual inflation rate in Senegal was 2.4 percent in December of 2020, unchanged from the previous month, its lowest level since June. Prices slowed for transport (3.5 percent vs 3.6 percent in November) and housing & utilities (0.6 percent vs 0.8 percent), while inflation remained steady for education (at 1.6 percent). In addition, costs decreased for communication (2.5 percent vs 2.9 percent); clothing & footwear (-0.4 percent vs -0.5 percent) and recreation & culture (-0.3 percent vs 0.1 percent). On a monthly basis, consumer prices were down 0.7 percent, after decreasing 0.5 percent in the previous month.
2021-01-11

Senegal Inflation Rate
In Senegal, the three main components of the consumer price index are: Food and Non-Alcoholic Beverages (49.6 percent of total weight); Housing and Utilities (12 percent) and Clothing and Footwear (7.3 percent). Others include: Transport (5.6 percent); Household Contents, Equipment and Maintenance (5 percent); Miscellaneous Goods and Services (3.8 percent) and Restaurants and Hotels (3.8 percent). Recreation and Culture, Health, Communication, Education and Alcoholic Beverages and Tobacco account for the remaining 12.7 percent of total weight. .