Inflation Senegal 2022

Average inflation: 9.6%

Current Inflation

Inflation is very high at 9.6%, far above the ECB target.

Peak and Trough

The highest inflation was in November at 14.1%. The lowest inflation was in January at 5.5%.

Highest month
November: 14.1%
Lowest month
January: 5.5%
Difference
8.6 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 2.3%. The lowest price increase was in Energy with an average of 2.3%.

Highest increase
Energy: 2.3%
Lowest increase
Energy: 2.3%

Historical Context

Current inflation is 6.3% higher than the 5-year average of 3.3%. This approaches the highest level since records began (9.6% in 2022).

5-year average
3.3%
10-year average
1.8%
All-time high (2022)
9.6%
All-time low (2009)
-2.2%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +7.4 percentage point.

Change vs. previous year
+7.4 percentage points
Largest monthly swing
November: +11.1 percentage points

ECB Target

Inflation is 7.6% 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 €109.60 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Energy
2.3%
-7.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2021
January 5.5% +4.6
February 6.5% +4.8
March 6.2% +5.1
April 7.0% +6.7
May 7.4% +6.1
June 8.9% +6.9
July 10.9% +7.9
August 11.3% +8.6
September 11.9% +8.9
October 13.0% +9.8
November 14.1% +11.1
December 12.8% +9.0
Average 9.6%

Data source

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

See also