Niger's consumer prices rose 1.3% year-on-year in September 2026, reversing a 0.9% decline in August, national statistics institute INS said on October 10. Locally produced goods cost 3.2% more than a year earlier, while prices of imported goods fell 1.7%, INS said.
Analysis: The September rise followed three consecutive months of annual price declines, although average inflation over 12 months remained negative at -6.0%. Niger's annual rate was close to the 1.2% recorded across the West African Economic and Monetary Union (WAEMU) in August. Domestic products drove the rebound while imports became cheaper, pointing to domestic factors rather than higher international prices. In July, the IMF projected that consumer prices would be 8.9% higher in December than a year earlier, which could raise retailers' costs and wage pressures. INS's October data, expected around November 10, should show whether prices continue to accelerate.
Source: Institut National de la Statistique (INS) du Niger, INS Niger, IHPC National, septembre 2026, September 2026 and August 2026; BCEAO, Note de conjoncture économique des pays de l'UEMOA – août 2026, July 2026 and June 2026; International Monetary Fund, IMF Country Report No. 26/220, Ninth Review under the ECF, 2026