in Cote d'Ivoire
Cote d'Ivoire - InflationAfter the economy contracted in Q2 due to the blow from the Covid-19 pandemic, conditions likely improved in Q3, albeit remained challenging overall. The gradual lifting of coronavirus restrictions should have supported activity, with business sentiment improving throughout the quarter. However, still-muted foreign demand is set to have weighed on the external sector. Turning to Q4, social unrest intensified after incumbent President Ouattara secured a third term in office in the 31 October presidential elections, winning around 94% of the votes. However, opposition groups, which boycotted the election, rejected the result and announced a parallel government, which, in turn, resulted in several opposition leaders reportedly being charged with sedition. The escalation of protests and clashes between rival groups could weigh heavily on investor sentiment going forward.
Cote d’Ivoire - Data
|Inflation Rate (CPI, annual variation in %)||1.2||0.7||0.7||0.4||0.8|
5 years of economic forecasts for more than 30 economic indicators.
Source: Central Bank of the West African States
Cote d’Ivoire Facts
|Exchange Rate||585.3||-1.11 %||Jan 01|
|Stock Market||0.7||0.0 %||Jan 07|
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