Inflation Ivory Coast 2003
Average inflation: 3.3%
Current Inflation
Inflation is high at 3.3%, well above the ECB target.
Peak and Trough
The highest inflation was in May at 5.0%. The lowest inflation was in December at -0.1%.
- Highest month
- May: 5.0%
- Lowest month
- December: -0.1%
- Difference
- 5.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 6.5%. The lowest price increase was in Food with an average of 3.8%.
- Highest increase
- Energy: 6.5%
- Lowest increase
- Food: 3.8%
Historical Context
Current inflation is around the 5-year average of 2.8%.
- 5-year average
- 2.8%
- 10-year average
- 3.1%
- All-time high (1998)
- 4.6%
- All-time low (1999)
- 0.7%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- +0.2 percentage points
- Largest monthly swing
- December: -4.5 percentage points
ECB Target
Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 3.2% | -1.3 |
| February | 3.9% | 0.0 |
| March | 4.0% | +0.6 |
| April | 4.5% | +1.2 |
| May | 5.0% | +2.8 |
| June | 4.2% | +1.5 |
| July | 4.2% | +2.3 |
| August | 4.6% | +2.8 |
| September | 3.2% | +0.7 |
| October | 1.9% | -1.0 |
| November | 1.0% | -2.6 |
| December | -0.1% | -4.5 |
| Average | 3.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.