Search

Seychelles Slips Into Deflation as Consumer Prices Drop in February

People shopping tropical fruits at Victoria market, Mahe island, Seychelles. © Delphotos / Alamy Stock Photo
  • Inflation rate falls to -0.09% in February from 0.97% in January
  • Decline driven by lower fish, vegetable, and energy costs

Consumer prices in Seychelles fell into deflationary territory in February, with the year-on-year inflation rate dropping to -0.09% from 0.97% in January, data from the country’s Bureau of Statistics showed on Friday. The decline was driven by falling costs for fresh fish, vegetables, fruits, oils, and fats, alongside lower housing, electricity, gas, and transport prices.

You need an active subscription to continue reading this article.

Recent Business

Port @ Unsplash
Africa urged to deepen trade integration after U.S. tariffs hit exports
Read More »
Photo by Kelvin Zyteng @ Unsplash Poultry
Can US poultry and pork shipments to South Africa ease tariff rift?
Read More »
1732898040519_miningwatch-portugal-YG0qc-e6hgg-unsplash
Are African countries aware of their own mineral wealth?
Read More »

Recent Politics

Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »
Photo by Hassan Kibwana @ Unsplash | Kenya protest
Ruto allies vow to ‘rig’ Kenya 2027 election
Read More »

Latest Posts

Latest news insights