Equatorial Guinea: Inflation Rate Remains Below 3%

The fiscal consolidation trajectory initiated in the second half of 2025 has consolidated the country's position below the 3% convergence norm set by the Economic and Monetary Community of Central Africa, with the index gradually declining from 2.9% in August 2025 to 2.8% in September, 2.6% in October, and 2.4% in November. This stability stems from the slowdown in the cost of imported products, whose growth rate has decreased from 3.4% to 3% over the past twelve months, correlated with a more pronounced detachment of local goods prices, which have fallen from 2.8% to 1.9%.

On a sectoral level, the tertiary sector has experienced a spectacular decline, dropping from 6% to 1.1%, followed by the primary sector, which has decreased from 6.2% to 3.5%, while the secondary sector has seen an increase to 4.1% compared to 2% a year ago. The government has neutralized speculation by making bulk purchases of food from global suppliers, which are then resold to local wholesalers at subsidized prices. Geographically, regional disparities persist: Malabo and Ebibeyin have recorded a peak of 4.3%, driven by transportation costs, which have risen to 9.2% in the capital, and medical care, which has increased to 14.1% in the Ebibeyin district, in contrast to the trends observed in Bata, with 0.4%, Mongomo with 1.2%, and Evinayong with 2%.

The direct purchase of food staples in bulk from international traders has secured the supply of the domestic distribution network. The signing of price control agreements with private operators has preserved the purchasing power of urban households in the face of global market fluctuations.

Constant surveillance of commercial circuits by control brigades has limited unjustified price increases in markets. The alignment of the consumer price index below the regulatory threshold of the CEMAC zone has reinforced macroeconomic stability and financial credibility in Equatorial Guinea.

Nlend Flore