Benin inflation rate for 2023 was 2.73%, a 1.38% increase from 2022.
Benin inflation rate for 2022 was 1.35%, a 0.38% decline from 2021.
Benin inflation rate for 2021 was 1.73%, a 1.29% decline from 2020.
Benin inflation rate for 2020 was 3.02%, a 2.29% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used. The full historical dataset is available for download here: Benin Inflation Rate Datasets (CSV).