Inflation Cape Verde 2018
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in July at 2.0%. The lowest inflation was in February at 0.8%.
- Highest month
- July: 2.0%
- Lowest month
- February: 0.8%
- Difference
- 1.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 2.4%. The lowest price increase was in Food with an average of 0.5%.
- Highest increase
- Energy: 2.4%
- Lowest increase
- Food: 0.5%
Historical Context
Current inflation is 1.1% higher than the 5-year average of 0.1%.
- 5-year average
- 0.1%
- 10-year average
- 1.2%
- All-time high (2008)
- 6.8%
- All-time low (2016)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2017, inflation has risen by +0.4 percentage point.
- Change vs. previous year
- +0.4 percentage points
- Largest monthly swing
- January: +1.4 percentage points
ECB Target
Inflation is 0.8% 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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 1.0% | +1.4 |
| February | 0.8% | +0.4 |
| March | 1.0% | +0.5 |
| April | 1.2% | +0.9 |
| May | 1.1% | +0.7 |
| June | 1.5% | -0.3 |
| July | 2.0% | +0.4 |
| August | 1.0% | -0.6 |
| September | 1.1% | -0.5 |
| October | 1.6% | +0.9 |
| November | 1.7% | +0.9 |
| December | 1.0% | +0.7 |
| Average | 1.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.