Inflation Cape Verde 2006
Average inflation: 5.1%
Current Inflation
Inflation is very high at 5.1%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 6.7%. The lowest inflation was in February at 3.9%.
- Highest month
- May: 6.7%
- Lowest month
- February: 3.9%
- Difference
- 2.8 percentage points
- Months with data
- 11 of 12
Category Insights
The highest price increase was in Energy with an average of 13.0%. The lowest price increase was in Food with an average of 6.8%.
- Highest increase
- Energy: 13.0%
- Lowest increase
- Food: 6.8%
Historical Context
Current inflation is around the 5-year average of 5.1%. This approaches the highest level since records began (5.1% in 2006).
- 5-year average
- 5.1%
- 10-year average
- 5.1%
- All-time high (2006)
- 5.1%
- All-time low (2006)
- 5.1%
Trend
ECB Target
Inflation is 3.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €105.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2006
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation |
|---|---|
| February | 3.9% |
| March | 4.1% |
| April | 4.9% |
| May | 6.7% |
| June | 6.6% |
| July | 5.8% |
| August | 3.9% |
| September | 4.3% |
| October | 4.6% |
| November | 6.0% |
| December | 5.8% |
| Average | 5.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.Not all months available yet.