Inflation Senegal 2008
Average inflation: 7.3%
Current Inflation
Inflation is very high at 7.3%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 9.6%. The lowest inflation was in March at 5.5%.
- Highest month
- June: 9.6%
- Lowest month
- March: 5.5%
- Difference
- 4.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 9.7%. The lowest price increase was in Energy with an average of 9.7%.
- Highest increase
- Energy: 9.7%
- Lowest increase
- Energy: 9.7%
Historical Context
Current inflation is 3.8% higher than the 5-year average of 3.5%. This approaches the highest level since records began (7.3% in 2008).
- 5-year average
- 3.5%
- 10-year average
- 2.8%
- All-time high (2008)
- 7.3%
- All-time low (2003)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.5 percentage point.
- Change vs. previous year
- +1.5 percentage points
- Largest monthly swing
- August: +3.8 percentage points
ECB Target
Inflation is 5.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €107.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 6.1% | +1.7 |
| February | 6.5% | +1.4 |
| March | 5.5% | -0.5 |
| April | 6.3% | +0.5 |
| May | 7.2% | +1.3 |
| June | 9.6% | +3.7 |
| July | 8.2% | +1.4 |
| August | 9.5% | +3.8 |
| September | 8.6% | +2.7 |
| October | 8.3% | +2.7 |
| November | 5.6% | -1.3 |
| December | 6.5% | +0.4 |
| Average | 7.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.