Inflation Seychelles 2022

Average inflation: 2.6%

Inflation in 2022

Inflation is normal at 2.6%, around the ECB target.

Peak and Trough

The highest inflation was in January at 3.9%. The lowest inflation was in May at 2.1%.

Highest month
January: 3.9%
Lowest month
May: 2.1%
Difference
1.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 9.0%. The lowest price increase was in Food with an average of 1.4%.

Highest increase
Energy: 9.0%
Lowest increase
Food: 1.4%

Historical Context

Inflation is 1.2 percentage points lower than the 5-year average of 3.8%.

5-year average
3.8%
10-year average
3.1%
All-time high (2008)
36.4%
All-time low (2010)
-2.4%

Trend

Over the period 2020-2022, inflation shows an upward trend. Compared to 2021, inflation has fallen by 7.2 percentage points.

Change vs. previous year
-7.2 percentage points
Largest monthly swing
May: -9.3 percentage points

ECB Target

Inflation is 0.6 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for SCR 100 this year will cost approximately SCR 102.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
1.4%
-1.2 vs avg.
Energy
9.0%
+6.4 vs avg.

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

Month overview

Month Inflation Difference vs. 2021
January 3.9% -3.7
February 3.0% -5.7
March 2.2% -7.4
April 2.2% -8.5
May 2.1% -9.3
June 2.1% -9.1
July 2.3% -8.3
August 2.8% -7.7
September 3.0% -6.8
October 2.9% -7.1
November 2.6% -6.8
December 2.5% -5.4
Average 2.6%

Data source

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

See also