Benin Inflation Rate

The inflation rate in Benin was recorded at -0.50 percent in January of 2014. Inflation Rate in Benin is reported by the Central Bank of West African States (BCEAO). Inflation Rate in Benin averaged 3.17 Percent from 2001 until 2014, reaching an all time high of 15.20 Percent in August of 2008 and a record low of -2.90 Percent in December of 2009. In Benin, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Benin Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-0.50 -1.80 15.20 -2.90 1.80 | 2014/02 2001 - 2014 Percent Monthly
2008=100

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Benin Inflation Rate
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Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate -0.50 2014-01-31 -1.80 15.20 -2.90 1.80 2014-02-28 Percent [+]
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Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Benin Balance of Trade at -326.66 CFA Franc Billion  
Benin recorded a trade deficit of 326.66 CFA Franc Billion in the fourth quarter of 2013. Balance of Trade in Benin is reported by the INSAE, Benin.
Benin Imports at 393.87 CFA Franc Billion  
Imports in Benin decreased to 393.87 CFA Franc Billion in the fourth quarter of 2013 from 730.90 CFA Franc Billion in the third quarter of 2013. Imports in Benin is reported by the INSAE, Benin.
Benin Exports at 67.20 CFA Franc Billion  
Exports in Benin increased to 67.20 CFA Franc Billion in the fourth quarter of 2014 from 63.57 CFA Franc Billion in the third quarter of 2014. Exports in Benin is reported by the INSAE, Benin.
Benin Current Account to GDP at -9.50 Percent  
Benin recorded a Current Account deficit of 9.50 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Benin is reported by the Central Bank of West African States (BCEAO).
Benin GDP Annual Growth Rate at 5.40 Percent  
The Gross Domestic Product (GDP) in Benin expanded 5.40 percent in 2012 from the previous year. GDP Annual Growth Rate in Benin is reported by the Central Bank of West African States (BCEAO).
Benin Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Benin stands at 18 percent. Sales Tax Rate in Benin is reported by the Direction Générale des Impôts et des Domaines.
Benin Government Debt To GDP at 18.80 Percent  
Benin recorded a Government Debt to GDP of 18.80 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Benin is reported by the Central Bank of West African States.
Benin Interest Rate at 3.50 Percent  
The benchmark interest rate in Benin was last recorded at 3.50 percent. Interest Rate in Benin is reported by the Central Bank of West African States (BCEAO).
Benin Population at 10.05 Million  
The total population in Benin was last recorded at 10.1 million people in 2012 from 2.4 million in 1960, changing 315 percent during the last 50 years. Population in Benin is reported by the World Bank.
Benin Inflation Rate at -0.50 Percent  
The inflation rate in Benin was recorded at -0.50 percent in January of 2014. Inflation Rate in Benin is reported by the Central Bank of West African States (BCEAO).
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