Inflation Central African Republic 2024

Average inflation: 0.9%

Inflation in 2024

Inflation is very low at 0.9%, well below the ECB target.

Peak and Trough

The highest inflation was in August at 2.0%. The lowest inflation was in February at -1.1%.

Highest month
August: 2.0%
Lowest month
February: -1.1%
Difference
3.1 percentage points
Months with data
10 of 12

Historical Context

Inflation is 2.2 percentage points lower than the 5-year average of 3.1%. This approaches the lowest level since records began (0.9% in 2024).

5-year average
3.1%
10-year average
3.1%
All-time high (2014)
14.9%
All-time low (2024)
0.9%

Trend

Over the period 2022-2024, inflation shows a downward trend. Compared to 2023, inflation has fallen by 2.2 percentage points.

Change vs. previous year
-2.2 percentage points
Largest monthly swing
January: -9.3 percentage points

ECB Target

Inflation is 1.1 percentage points 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 FCFA 100 this year will cost approximately FCFA 101 next year at this inflation rate.

Multi-year trend

Monthly figures 2024

Month overview

Month Inflation Difference vs. 2023
January 1.0% -9.3
February -1.1% -9.3
March 0.0% -5.3
April 1.4% +4.7
May 0.4% -2.5
June 1.0% -1.4
July 1.5% -0.6
August 2.0% +1.0
September 1.8% +0.2
October 1.2% -1.9
Average 0.9%

Data source

Data from WorldBank. Last updated: 06/01/2026. Not all months available yet.

See also