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
|Exchange Rate (XOF per USD, aop)||581.74||555.96||586.03||575.40||554.90|