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WAEMU: Mixed fortunes for raw materials exported in January

04/03/2020
Source : financialafrik.com
Categories: Rate

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The prices of the main raw materials exported by the countries of the West African Economic and Monetary Union (UEMOA) experienced mixed fortunes at the end of January 2020, according to data from the Central Bank of East African States. West (BCEAO).

According to the services of the Issuing Institute during this period, prices fell for cashew nuts (-58.3%), cotton (-19.6%) and coffee (-14. 4%). On the other hand, prices are on the rise for gold (+35.1%), rubber (+20.8%) and cocoa (+19.9%).

Regarding the main food products imported by WAEMU countries, their prices rose at an annual rate, by 8.7% in January 2020.

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