Inflation Benin 2024
Average inflation: 1.3%
Current Inflation
Inflation is low at 1.3%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in April at 3.1%. The lowest inflation was in January at -1.2%.
- Highest month
- April: 3.1%
- Lowest month
- January: -1.2%
- Difference
- 4.3 percentage points
- Months with data
- 9 of 12
Historical Context
Current inflation is 0.7% lower than the 5-year average of 2.0%.
- 5-year average
- 2%
- 10-year average
- 1.1%
- All-time high (2012)
- 6.7%
- All-time low (2016)
- -0.8%
Trend
Inflation has remained relatively stable. Compared to 2023, the difference is minimal (-1.5 percentage point).
- Change vs. previous year
- -1.5 percentage points
- Largest monthly swing
- March: -6.9 percentage points
ECB Target
Inflation is 0.7% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | -1.2% | -2.5 |
| February | 0.2% | -6.5 |
| March | 0.0% | -6.9 |
| April | 3.1% | -0.7 |
| May | 2.3% | -1.3 |
| June | 0.8% | -3.5 |
| July | 1.0% | -2.9 |
| August | 3.0% | +0.9 |
| September | 2.6% | +1.1 |
| Average | 1.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.