Inflation in Algeria

Algeria Inflation | Economic News & Forecasts

Algeria - Inflation

After a weak showing in H1, growth likely improved in H2 2018 amid a ramp-up of fiscal spending and investment from state oil firm Sonatrach. While tumbling oil prices in Q4 likely dented economic momentum, the annual trade deficit more than halved as of November, though foreign reserves kept falling. Further Sonatrach investments should drive momentum going forward. In recent weeks, the company signed contracts for over USD 1 billion of natural gas projects, adding to the USD 6 billion phosphate plant deal signed on 26 November in a joint-venture with a Chinese firm.

Algeria - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)3.3  2.9  4.8  6.4  5.6  

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Algeria Inflation Chart


Algeria Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Office of Statistics.

Algeria Facts

ValueChangeDate
Exchange Rate118.2-0.11 %Jan 14

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