Togo

This dataset contains data for the African countries and aggregate countries such as crude oil producers ; Sub-Saharan Africa. Data is organized under sixteen socio-economic chapters such as prices, energy, agriculture, social and AFDB aggregates which covers country scores in regional integration, social protection among others.

Data cited at: Consumer price indexes, The International Monetary Fund Consumer price indexes (CPIs) are index numbers that measure changes in the prices of goods and services purchased or otherwise acquired by households, which households use directly, or indirectly, to satisfy their own needs and wants. In practice, most CPIs are calculated as weighted averages of the percentage price changes for a specified set, or ‘‘basket’’, of consumer products, the weights reflecting their relative importance in household consumption in some period. CPIs are widely used to index pensions and social security benefits. CPIs are also used to index other payments, such as interest payments or rents, or the prices of bonds. CPIs are also commonly used as a proxy for the general rate of inflation, even though they measure only consumer inflation. They are used by some governments or central banks to set inflation targets for purposes of monetary policy. The price data collected for CPI purposes can also be used to compile other indices, such as the price indices used to deflate household consumption expenditures in national accounts, or the purchasing power parities used to compare real levels of consumption in different countries.

The Institute monitors monthly fluctuations in the prices of goods and services in the various markets of the headquarters of departments. Particularly in the city of Cotonou, a Harmonized Index of Consumer Prices is calculated and published monthly. More than 600 products are monitored and around 1000 points of sale are visited during each month. Consumer price tracking provides consumer price indices for the twelve consumption functions and average prices.

African Country Budgets, Key Indicators CABRI provides up-to-date and regular information and analysis on African national budgets.

The HICP base 100 in 2014 stood at 112.8 points in December 2022. It remained stable compared to its level of November 2022. This stability in the general price level is the result of the respective increases energy products (+2.0%) and products excluding fresh products excluding energy (+0.1%), against a stable observed in the price of fresh produce. Depending on the origin, the prices of imported and local products have each increased by 0.1%. With regard to secondary and tertiary sector products, they increased by 0.4% and 0.1% respectively, against a drop in primary sector prices (-0.1%). At the same time, the prices of durable and semi-durable goods experienced respective increases of 0.2% and 0.6%, against a stability of those non-durable goods. Year-on-year (December 2022 compared to December 2021), inflation stood at +3.1%. Over the last three months (December 2022 compared to September 2022), inflation is at -1.2%.

Data cited at: The African Development Bank: African Economic Outlook:  https://dataportal.opendataforafrica.org/mhuiccf