The annual inflation rate in Senegal picked up to 2 percent in June of 2021 from 1.3 percent in the previous month. It was the highest inflation rate since last December, mainly pushed up by prices of food & non-alcoholic beverages (2.8 percent vs 1.6 percent in May); furnishings (2.8 percent vs 2.4 percent); restaurants & hotels (2.2 percent vs 2 percent); miscellaneous goods & services (3 percent vs 2.6 percent) and clothing & footwear (1 percent vs -0.3 percent). On a monthly basis, consumer prices went up 0.5 percent, after increasing 0.3 percent in the prior 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 July of 2021.
Inflation Rate in Senegal is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Senegal to stand at 2.60 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.