Harmonized inflation decreased to 5.1% in December from 5.7% in November. The print was mainly driven by softer increases in food and housing prices. This year, prices should cool further on fiscal consolidation efforts and tight monetary policy. The CFA-euro peg should also help to contain price pressures. Commodity price swings remain a risk.
CdI Exchange Rate (XOF per USD, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (XOF per USD, aop) | 581.74 | 555.96 | 586.03 | 575.40 | 554.90 |