Inflation Ivory Coast 2004

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 4.4%. The lowest inflation was in February at -0.4%.

Highest month
December: 4.4%
Lowest month
February: -0.4%
Difference
4.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 1.6%. The lowest price increase was in Food with an average of -3.4%.

Highest increase
Energy: 1.6%
Lowest increase
Food: -3.4%

Historical Context

Current inflation is 1.5% lower than the 5-year average of 3.0%.

5-year average
3%
10-year average
2.9%
All-time high (1998)
4.6%
All-time low (1999)
0.7%

Trend

Inflation shows a downward trend. Compared to 2003, inflation has fallen by +1.8 percentage point.

Change vs. previous year
-1.8 percentage points
Largest monthly swing
December: +4.5 percentage points

ECB Target

Inflation is 0.5% 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 €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2004

Inflation by category

Food
-3.4%
-4.9vs avg.
More details →
Energy
1.6%
+0.1vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2003
January 0.3% -2.9
February -0.4% -4.3
March 0.3% -3.7
April 1.2% -3.3
May 0.8% -4.2
June 0.5% -3.7
July 1.5% -2.7
August 1.0% -3.6
September 1.7% -1.5
October 2.1% +0.2
November 4.3% +3.3
December 4.4% +4.5
Average 1.5%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also