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FX.co ★ Seychelles Inflation Highest Since 2024

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typeContent_19130:::2026-10-07T07:17:37

Seychelles Inflation Highest Since 2024

The annual inflation rate in Seychelles rose to 1.22% in September 2026 from 0.93% in August, reaching its highest level since December 2024. Price growth strengthened across all major categories, led by a sharp increase in fish prices, which advanced 6.07% year-on-year (up from 2.83% in August). Inflation in non-food items climbed to 1.28% from 1.00%, while prices for other food products picked up to 0.32% from 0.28%.

Within the non-food basket, the fastest increases were recorded in alcoholic beverages (5.25% vs 4.53% in August), transport (4.84% vs 3.46%), restaurants and hotels (3.43% vs 2.84%), and education (2.49% vs 2.21%). Among other food items, price gains were driven by vegetables (4.01% vs 3.85%), non-alcoholic beverages (2.77% vs 2.19%), and meat (1.98% vs 1.51%), while inflation in oils and fats moderated to 3.79% from 4.65%.

Meanwhile, annual core inflation accelerated to 1.24% in September from 0.97% in August. On a monthly basis, consumer prices increased by 0.24%, compared with a 0.18% rise in the previous month.

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