Senegal’s annual inflation rate decelerated to 1.0% in September 2026, dropping from a three-month peak of 1.2% recorded in August across the West African nation’s broader macroeconomic markets.
According to official figures released by the Agence Nationale de la Statistique et de la Démographie (ANSD), this cooldown reflects broad downward price pressures across major consumer basket components.
Food and non-alcoholic beverages, the largest component weighting the index, eased notably to 0.9% from a four-month high of 1.4% registered in the previous month.
Additional moderation materialized across transport, dropping to 1.2% from 1.7%, alongside softer gains in alcoholic beverages, tobacco, restaurants, hotels, and specialized financial services sectors.
On a month-on-month basis, the consumer price index advanced 1.1%, sharply cooling compared to August’s 2.0% spike which marked the highest monthly surge since July 2023.
This latest reading reinforces a sharp longer-term cooling trend from the 9.7% peaks witnessed in 2022, providing relief amid broader regional economic adjustments.
Despite easing price pressures, fiscal challenges which includes $5 billion debt restructuring and sovereign risk metrics continue to shape investor sentiment across domestic markets.
However, in the second quarter of 2026 Senegal’s economy grew 3.1% year-on-year, easing from 4.3% in the first quarter. Services led the expansion, rising 6.0%. Industry grew 5.1% and the primary sector 1.5%.
