Inflation Togo 2004
Average inflation: 0.4%
Current Inflation
Inflation is very low at 0.4%, well below the ECB target.
Peak and Trough
The highest inflation was in December at 3.9%. The lowest inflation was in May at -1.8%.
- Highest month
- December: 3.9%
- Lowest month
- May: -1.8%
- Difference
- 5.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 1.0%. The lowest price increase was in Food with an average of -1.0%.
- Highest increase
- Energy: 1.0%
- Lowest increase
- Food: -1.0%
Historical Context
Current inflation is 1.3% lower than the 5-year average of 1.7%.
- 5-year average
- 1.7%
- 10-year average
- 1.4%
- All-time high (2001)
- 4%
- All-time low (2003)
- -0.9%
Trend
Inflation shows a downward trend. Compared to 2003, inflation has fallen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- December: +5.6 percentage points
ECB Target
Inflation is 1.6% 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 €100 this year will cost approximately €100.40 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 | -0.8% | -0.6 |
| February | -0.8% | -1.2 |
| March | -1.2% | -0.2 |
| April | -1.0% | +0.9 |
| May | -1.8% | -0.7 |
| June | -1.8% | -1.3 |
| July | -0.2% | +0.1 |
| August | 2.2% | +3.3 |
| September | 1.1% | +1.9 |
| October | 2.2% | +3.6 |
| November | 3.4% | +5.0 |
| December | 3.9% | +5.6 |
| Average | 0.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.