Inflation Senegal 2004
Average inflation: 0.5%
Inflation in 2004
Inflation is very low at 0.5%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 1.7%. The lowest inflation was in January at -0.7%.
- Highest month
- December: 1.7%
- Lowest month
- January: -0.7%
- Difference
- 2.4 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 0.9 percentage points lower than the 5-year average of 1.4%.
- 5-year average
- 1.4%
- 10-year average
- 1.4%
- All-time high (2001)
- 3%
- All-time low (2003)
- -0.1%
Trend
Over the period 2002-2004, inflation shows a downward trend. Compared to 2003, inflation has risen by 0.6 percentage points.
- Change vs. previous year
- +0.6 percentage points
- Largest monthly swing
- December: +3.2 percentage points
ECB Target
Inflation is 1.5 percentage points 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 F CFA 100 this year will cost approximately F CFA 100 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | -0.7% | -2.4 |
| February | -0.1% | -0.8 |
| March | 0.1% | 0.0 |
| April | 0.2% | +0.7 |
| May | 0.7% | +1.7 |
| June | 0.8% | +1.1 |
| July | 1.2% | +1.4 |
| August | 1.1% | +1.3 |
| September | -0.3% | -0.4 |
| October | 0.6% | -0.4 |
| November | 0.8% | +1.3 |
| December | 1.7% | +3.2 |
| Average | 0.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.