Average inflation in Ivory Coast

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 1.8% 2027: 2.0% 2028: 2.0% 2029: 2.0% 2030: 2.0% 2031: 2.0%

0.7% (1999) ANUAL · % · Annual · CSV

Period	%
Jan 1999	0.7%
Jan 1998	4.5%
Jan 1997	6.3%
Jan 1996	2.7%
Jan 1995	14.1%
Jan 1994	26.0%
Jan 1993	2.1%
Jan 1992	4.2%
Jan 1991	1.6%
Jan 1990	-0.7%

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually, covering the full year and subject to revision.

What it is

Average inflation measures the average change over the year in the prices of the basket of goods and services consumed by Ivorian households, based on the Consumer Price Index. It is compiled by the National Statistics Institute (INS) within the WAEMU monetary union.

How it's calculated

It is obtained from a regular price survey across a sample of outlets and areas, weighting each product by its spending share under WAEMU's harmonised methodology. Average inflation is the mean of the year's rates of change relative to the previous year, in per cent.

Market implications

Monetary policy is set by the BCEAO for the whole CFA franc zone, which is pegged to the euro, so Côte d'Ivoire has no policy rate of its own. Inflation nonetheless matters for purchasing power and social stability, and the regional WAEMU target keeps it within a narrow band.

Limitations

As an annual average it smooths the year's peaks and reacts with a lag. The heavy weight of food and exposure to harvests add seasonal volatility; it only measures the defined basket rather than every good in the economy.