Inflation Togo 2003
Average inflation: -0.9%
Inflation in 2003
There is deflation with consumer prices declining by 0.9%.
Peak and Trough
The highest inflation was in February at 0.4%. The lowest inflation was in April at -1.9%.
- Highest month
- February: 0.4%
- Lowest month
- April: -1.9%
- Difference
- 2.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of -1.2%. The lowest price increase was in Food with an average of -4.8%.
- Highest increase
- Energy: -1.2%
- Lowest increase
- Food: -4.8%
Historical Context
Inflation is 2.5 percentage points lower than the 5-year average of 1.6%.
- 5-year average
- 1.6%
- 10-year average
- 1.5%
- All-time high (2001)
- 4%
- All-time low (2003)
- -0.9%
Trend
Over the period 2001-2003, inflation shows a downward trend. Compared to 2002, inflation has fallen by 4.0 percentage points.
- Change vs. previous year
- -4.0 percentage points
- Largest monthly swing
- April: -6.9 percentage points
ECB Target
Inflation is 2.9 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 99 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 | -0.2% | -6.8 |
| February | 0.4% | -4.0 |
| March | -1.0% | -5.2 |
| April | -1.9% | -6.9 |
| May | -1.1% | -6.3 |
| June | -0.5% | -4.8 |
| July | -0.3% | -0.8 |
| August | -1.1% | -0.6 |
| September | -0.8% | -2.1 |
| October | -1.4% | -4.2 |
| November | -1.6% | -3.2 |
| December | -1.7% | -3.3 |
| Average | -0.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.