Economy · Headline inflation · São Tomé and Príncipe
São Tomé and Príncipe’s headline inflation fell to 9.5% y/y in Jul 2026.
9.5% y/y
Jul 2026
Down 0.14 pp from Jun 2026.
Updated 8 Oct 2026
In plain words
9.5% y/y
What it is. Headline inflation tracks the price of a broad basket of goods and services that households buy, summed into one consumer price index covering all items. Each month is compared with the same month a year earlier, which removes seasonal swings but carries an old price jump in the figure for twelve months. It leaves out asset prices such as land, and one average basket cannot match the spending of any single household.
Lower is better. Lower is better because slower price rises protect what wages and savings can buy, and they let firms and families plan with more confidence. The latest figure, 9.5% y/y for Jul 2026, is down 1.6 percentage points from 11.1% y/y a year earlier. Since Aug 2024 the range has run from a low of 8.6% y/y in Apr 2026 to a high of 12.8% y/y in Sep 2025. The current reading sits closer to the bottom of that range than the top.
Why it matters. In São Tomé and Príncipe, prices at 9.5% y/y mean households pay more each month for the same basket of food and other necessities, so wages and savings in dobras lose buying power unless incomes keep pace. Firms face rising input costs and have to reprice often. The state faces pressure to lift public pay and keep its budget in line with higher prices.
| Period | Headline inflation · São Tomé and Príncipe |
|---|---|
| Aug 2024 | 12% y/y |
| Sep 2024 | 11.6% y/y |
| Oct 2024 | 11.4% y/y |
| Nov 2024 | 11.5% y/y |
| Dec 2024 | 11.6% y/y |
| Jan 2025 | 11.6% y/y |
| Feb 2025 | 11.1% y/y |
| Mar 2025 | 10% y/y |
| Apr 2025 | 9.9% y/y |
| May 2025 | 10.5% y/y |
| Jun 2025 | 10.5% y/y |
| Jul 2025 | 11.1% y/y |
| Aug 2025 | 11.8% y/y |
| Sep 2025 | 12.8% y/y |
| Oct 2025 | 12.1% y/y |
| Nov 2025 | 10.9% y/y |
| Dec 2025 | 10.3% y/y |
| Jan 2026 | 9.5% y/y |
| Feb 2026 | 8.9% y/y |
| Mar 2026 | 8.9% y/y |
| Apr 2026 | 8.6% y/y |
| May 2026 | 9.2% y/y |
| Jun 2026 | 9.7% y/y |
| Jul 2026 | 9.5% y/y |
Source: International Monetary Fund, Consumer Price Index (CPI) · Licence: IMF Terms of Use
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Strata-AF™ Data, Headline inflation, São Tomé and Príncipe, Jul 2026; source International Monetary Fund, Consumer Price Index (CPI), retrieved 8 Oct 2026; https://data.strata-af.com/economy/inflation/sao-tome-and-principe
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Methodology
Consumer price index, all items, change on the same month a year earlier. Unit: % y/y.
Source: International Monetary Fund, Consumer Price Index (CPI) dataset, used under the IMF Terms of Use. Published monthly; the IMF's own source notes apply.