Inflation Cape Verde 2017
Average inflation: 0.8%
Current Inflation
Inflation is very low at 0.8%, well below the ECB target.
Peak and Trough
The highest inflation was in June at 1.8%. The lowest inflation was in January at -0.4%.
- Highest month
- June: 1.8%
- Lowest month
- January: -0.4%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 1.7%. The lowest price increase was in Food with an average of -0.2%.
- Highest increase
- Energy: 1.7%
- Lowest increase
- Food: -0.2%
Historical Context
Current inflation is 0.6% higher than the 5-year average of 0.2%.
- 5-year average
- 0.2%
- 10-year average
- 1.8%
- All-time high (2008)
- 6.8%
- All-time low (2016)
- -1.4%
Trend
Inflation has remained relatively stable. Compared to 2016, the difference is minimal (+2.2 percentage point).
- Change vs. previous year
- +2.2 percentage points
- Largest monthly swing
- June: +4.1 percentage points
ECB Target
Inflation is 1.2% 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 €100.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | -0.4% | +0.7 |
| February | 0.4% | +1.6 |
| March | 0.5% | +1.7 |
| April | 0.3% | +1.3 |
| May | 0.4% | +1.4 |
| June | 1.8% | +4.1 |
| July | 1.6% | +3.9 |
| August | 1.6% | +3.5 |
| September | 1.6% | +3.7 |
| October | 0.7% | +2.0 |
| November | 0.8% | +2.1 |
| December | 0.3% | +0.5 |
| Average | 0.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.