Inflation Rate (CPI): Benin

Analysis# Benin Inflation Rate (CPI) Benin's inflation rate stands at 2% in 2026, reflecting stable price growth after decades of volatility. The country's economic history reveals dramatic swings: inflation peaked at 38.5% in 1994 during a period of severe macroeconomic stress, while deflation reached -6.1% in 1983. Since 1980, the cumulative change of -79.2% demonstrates a fundamental shift toward price stability over the long term. The 1990s marked a critical turning point, with structural reforms and currency redenomination gradually bringing runaway inflation under control. From 2017 onward, Benin has maintained remarkably consistent inflation between 0.8% and 3%, with only minor fluctuations. The 2020 spike to 3% proved temporary, returning to the 1–2% range by 2024. Current projections suggest inflation will remain anchored near 2%, indicating a durable stabilization in Benin's price environment.