Inflation Cape Verde 2009

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in February at 6.0%. The lowest inflation was in October at -3.2%.

Highest month
February: 6.0%
Lowest month
October: -3.2%
Difference
9.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 2.1%. The lowest price increase was in Energy with an average of 0.1%.

Highest increase
Food: 2.1%
Lowest increase
Energy: 0.1%

Historical Context

Current inflation is 3.3% lower than the 5-year average of 4.4%. This approaches the lowest level since records began (1.1% in 2009).

5-year average
4.4%
10-year average
4.4%
All-time high (2008)
6.8%
All-time low (2009)
1.1%

Trend

Inflation shows a downward trend. Compared to 2008, inflation has fallen by +5.7 percentage point.

Change vs. previous year
-5.7 percentage points
Largest monthly swing
October: -13.4 percentage points

ECB Target

Inflation is 0.9% 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 €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2009

Inflation by category

Food
2.1%
+1.0vs avg.
More details →
Energy
0.1%
-1.0vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2008
January 5.9% +2.8
February 6.0% +1.6
March 4.1% -0.3
April 1.7% -4.1
May 1.9% -4.0
June 0.1% -6.9
July -0.7% -8.7
August -0.6% -8.7
September -1.2% -10.5
October -3.2% -13.4
November -1.0% -9.2
December -0.3% -6.9
Average 1.1%

Data source

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

See also