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Uemoa: increase in inflation in June 2024

20/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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La Bceao a informé que l' inflation de la zone Uemoa est en hausse en mois de juin 2024 par rapport au mois Previous, in connection with the increase in the rate of increase in prices of “products food”, mitigated by the deceleration of the “transport” and “Restaurants and Hotels” components

.

Based on the official data available, the BCEAO indicates that the inflation rate would rise, year-on-year, to 4.4% in June 2024, against 4.3% the previous month, against 4.3% the previous month, i.e. a slight increase of 0.1 percentage point. According to the bank, the analysis by function shows an acceleration in prices in the “food products” function, whose contribution to total inflation rose from 2.9 percentage points (pdp) in May 2024 to 3.2 percentage points in June 2024 (+0.3 pdp), attenuated by the decline in the contributions of the “transport” and “Restaurants and Hotels” functions (

-0.1 pdp respectively).

The tuber market is also affected by a weak 2023/2024 production performance (+1% against +4%). Country analysis reveals increases in inflation in Niger (+15.4% against +13.0%), Togo (+4.3% against +3.9%) and Mali (+4.2% against +1.2%) and Mali (+4.2% against +1.2%). On the other hand, decelerations are noted in Benin (+0.8% against +2.3%), Senegal (+1.3% against +2.1%), Burkina (+2.4% against +3.4%) and Guinea-Bissau (+2.6% against +3.2%

).
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