FX.co ★ Cape Verde Inflation Rate at 6-Month Low of 1.8%

In June 2025, Cape Verde experienced a deceleration in its annual inflation rate, which eased to 1.8% from 2.3% in May. This marks the slowest inflation rate since last December. The primary contributors to this slowdown were a decrease in transportation costs, which saw a year-on-year decline of 1.0% compared to a rise of 0.8% in May, and a reduced rate of inflation for clothing and footwear, which moderated to 7.0% from 9.0%. Additionally, there was a further deceleration in the price increases for alcoholic beverages and tobacco (5.4% down from 5.6%), leisure, recreation, and culture (2.0% from 2.4%), as well as for miscellaneous goods and services (6.8% as opposed to 7.2%). In contrast, there was a noticeable uptick in inflation within the hospitality sector, with hotels, cafes, and restaurants experiencing an increase to 8.2% from 6.2%, alongside household equipment and current home maintenance, which edged up to 4.1% from 3.8%. On a month-to-month basis, consumer prices saw an increase of 0.2% in June, following a period of stability in May.