Inflation continues to panic the counters in the Uemoa zone. Its rate fell from 6% in December 2021 to 6.5% in January 2022 according to data from the monthly statistics bulletin published on Wednesday March 2 by the Central Bank of West African States (BCEAO).
By country, Mali records the highest rate with 8.7%. It is followed by Benin and Togo, the two coastal neighbors having experienced respective inflation rates of 7.9 and 7.5%. For its part, Côte d’Ivoire, the locomotive of the region, of which it represents 40% of GDP, sees its monthly inflation rate amount to 5.6%.
This general rise in prices in the region is the result of inflation in food and non-alcoholic beverages (+5.2).