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 Inflation (HICP, ann. var. %, aop) Data
|Inflation (HICP, ann. var. %, aop)||0.4||0.6||0.8||2.4||4.2|