Senegal’s Inflation Hits 10-Month High of 1.6% Despite Slowing Monthly Gains

Senegal’s consumer price index (CPI) rose 0.40% month-on-month in October 2026, marking a significant slowdown from the 1.10% surge recorded in September, official data showed.

According to data released Wednesday by Senegal’s National Agency of Statistics and Demography (ANSD), annual headline inflation accelerated to 1.60% year-on-year. This reflects the fastest rate of growth since December 2025.

The overall trend signals easing short-term momentum, as October’s 0.40% monthly increase represents the softest monthly price expansion observed across the West African nation over the past four months.

Despite monthly cooling, annual pressure mounted due to food and non-alcoholic beverages (the largest basket component) which accelerated to 2.10% year-on-year in October from 0.90% in September.

Sub-indices also showed annual acceleration, with education costs climbing 2.50%, housing and utilities increasing 0.60%, and clothing advancing 1.40% year-on-year during the review period.

Conversely, transport inflation moderated to 0.90% from 1.20%, while financial services growth slowed to 0.30%, offering partial disinflationary relief to suburban households.

The broader macroeconomic environment remains anchored by the Central Bank of West African States (BCEAO), which keeps inflation within the West African Economic and Monetary Union regional 2.0% target band.

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