Inflation Togo 2008
Average inflation: 8.7%
Current Inflation
Inflation is very high at 8.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 15.9%. The lowest inflation was in January at 4.0%.
- Highest month
- August: 15.9%
- Lowest month
- January: 4.0%
- Difference
- 11.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 20.4%. The lowest price increase was in Energy with an average of 7.1%.
- Highest increase
- Food: 20.4%
- Lowest increase
- Energy: 7.1%
Historical Context
Current inflation is 4.9% higher than the 5-year average of 3.8%. This approaches the highest level since records began (8.7% in 2008).
- 5-year average
- 3.8%
- 10-year average
- 3%
- All-time high (2008)
- 8.7%
- All-time low (2003)
- -0.9%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +7.7 percentage point.
- Change vs. previous year
- +7.7 percentage points
- Largest monthly swing
- August: +15.9 percentage points
ECB Target
Inflation is 6.7% 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 €108.70 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 | 4.0% | +2.9 |
| February | 4.5% | +4.0 |
| March | 4.8% | +4.0 |
| April | 7.5% | +7.9 |
| May | 9.3% | +9.7 |
| June | 8.4% | +8.4 |
| July | 8.4% | +4.5 |
| August | 15.9% | +15.9 |
| September | 12.0% | +13.9 |
| October | 12.0% | +11.7 |
| November | 7.3% | +3.2 |
| December | 10.3% | +6.9 |
| Average | 8.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.