The annual inflation rate in Seychelles eased for the fifth straight month to 1.13% in February 2023, down from 2.39% in the prior month. This was the lowest reading since August 2020, amid softer rises in prices of fresh fish (10.95% vs 19.92%); other food, excluding fresh fish (1.33% vs 2.02%) and non-food products (0.97% vs 2.22%). On a monthly basis, consumer prices fell by 1.01% in February, the most since April 2015, after decreasing by 0.12% in the prior month. source: National Bureau of Statistics, Seychelles

Inflation Rate in Seychelles averaged 6.69 percent from 2003 until 2023, 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. This page provides - Seychelles Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Seychelles Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Inflation Rate in Seychelles is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Seychelles Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-07 10:00 AM Jan 2.39% 2.53% 2.4%
2023-03-07 12:00 PM Feb 1.13% 2.39% 2.3%
2023-04-11 09:00 AM Mar 1.13% 1.4%


Related Last Previous Unit Reference
Inflation Rate 1.13 2.39 percent Feb 2023
Food Inflation 1.33 2.02 percent Feb 2023
CPI Transportation 149.93 151.28 points Feb 2023
CPI Housing Utilities 139.54 145.39 points Feb 2023
Core Inflation Rate 0.53 0.66 percent Feb 2023
Core Consumer Prices 128.47 128.66 points Feb 2023
Consumer Price Index CPI 127.27 128.57 points Feb 2023
Inflation Rate MoM -1.01 -0.12 percent Feb 2023
Producer Prices Change 16.20 16.40 percent Jan 2023
Producer Prices 110.90 115.70 points Jan 2023
Import Prices 106.48 106.48 points Sep 2022
Export Prices 113.90 113.90 points Sep 2022

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. The main components in Consumer Price Index are: Non-Food Items (85.97% of the total weight), Other Food Items (12.79%) and Fish (1.25%).
Actual Previous Highest Lowest Dates Unit Frequency
1.13 2.39 63.25 -5.54 2003 - 2023 percent Monthly
2014=100

News Stream
Seychelles Inflation Rate Hits 2-1/2-Year Low
The annual inflation rate in Seychelles eased for the fifth straight month to 1.13% in February 2023, down from 2.39% in the prior month. This was the lowest reading since August 2020, amid softer rises in prices of fresh fish (10.95% vs 19.92%); other food, excluding fresh fish (1.33% vs 2.02%) and non-food products (0.97% vs 2.22%). On a monthly basis, consumer prices fell by 1.01% in February, the most since April 2015, after decreasing by 0.12% in the prior month.
2023-03-07
Seychelles Inflation Rate Eases for 4th Month
The annual inflation rate in Seychelles eased for the fourth straight month to 2.39% in January 2023 from 2.53% in the prior month. This was the lowest reading since last June, as prices slowed down further for other food, excluding fresh fish (2.02% vs 2.49% in December) and non-food products (2.22% vs 2.44%). Meanwhile, prices jumped for fresh fish (19.92% vs 9.13%), mainly attributable to catching limits and high operating costs. On a monthly basis, consumer prices were down by 0.12%, after being almost flat in the previous month.
2023-02-07
Seychelles Inflation Rate Slows for 3rd Month in December
The annual inflation rate in Seychelles eased for the third straight month to 2.53% in December of 2022 from 2.62% in the previous month. It was the lowest inflation rate since June, amid slowing prices for non-food products (2.44% vs 2.61% in November), namely transportation (0.29% vs 1.74%); and other food, excluding fresh fish (2.49% vs 2.52%), mostly oils & fats (11.79% vs 15.33%). On the other hand, fresh fish prices continued to climb (9.13% vs 4.01%) attributed to catching limits and high operating costs. On a monthly basis, consumer prices were almost flat, after decreasing by 0.27% in the preceding month.
2023-01-10