Senegal Inflation Rate

Last Release

Jul 31, 2024

Actual

-0.7

Units In

1.3

Frequency

Monthly

Next Release

Sep 12, 2024

Time to Release

23 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
14.1 Nov 2022	-4.7 Aug 2009	2.31 %	2006-2024	N/A

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. .

Latest Updates

Consumer prices in Senegal fell 0.7% year-on-year in July 2024, reversing from a 1.3% rise in the previous month. It was the first decline in consumer prices since February 2019, with food prices decreasing for the first time in seven months (-2.0% vs 1.4% in June) while housing & utilities dropped faster (-0.8% vs -03%). Simultaneously, prices moderated for communications (0.1% vs 1.7%) and transport (1.0% vs 1.1%). By contrast, prices accelerated for furnishings & household equipment (2.3% vs 2.2%), restaurants & hotels (3.1% vs 2.9%). miscellaneous goods & services (3.3% vs 3.0%), and clothing (1.3% vs 0.8%) while rebounding for recreation & culture (0.2% vs -0.2%). On a monthly basis, consumer prices edged up by 0.1%, following a 0.3%rise in June.