Inflation Senegal 2003
Average inflation: -0.1%
Inflation in 2003
There is deflation with consumer prices declining by 0.1%.
Peak and Trough
The highest inflation was in January at 1.7%. The lowest inflation was in December at -1.5%.
- Highest month
- January: 1.7%
- Lowest month
- December: -1.5%
- Difference
- 3.2 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 1.9 percentage points lower than the 5-year average of 1.8%.
- 5-year average
- 1.8%
- 10-year average
- 1.8%
- All-time high (2001)
- 3%
- All-time low (2003)
- -0.1%
Trend
Over the period 2001-2003, inflation shows a downward trend. Compared to 2002, inflation has fallen by 2.5 percentage points.
- Change vs. previous year
- -2.5 percentage points
- Largest monthly swing
- May: -5.4 percentage points
ECB Target
Inflation is 2.1 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for F CFA 100 this year will cost approximately F CFA 100 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 1.7% | -1.1 |
| February | 0.7% | -3.0 |
| March | 0.1% | -4.0 |
| April | -0.5% | -4.8 |
| May | -1.0% | -5.4 |
| June | -0.3% | -2.3 |
| July | -0.2% | -1.9 |
| August | -0.2% | -1.3 |
| September | 0.1% | -2.0 |
| October | 1.0% | +1.4 |
| November | -0.5% | -1.6 |
| December | -1.5% | -3.0 |
| Average | -0.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.