Compte tenu d' une decelerating food prices, inflation in the French-speaking region of West Africa remained at 4.4% in July 2024.

Inflation in the French-speaking region of West Africa remained stable at 4.4% in July 2024, maintaining the level observed the previous month, according to the regional central bank BCEAO. This stability is a positive development in efforts to protect the purchasing power of people in the region and has significant implications for interest rates and asset classes. Lower inflation could lead central banks to maintain, or even reduce, interest rates, thereby easing borrowing costs for consumers and businesses. Several countries of the style="font-family: "Bookman Old Style”, "serif"> UEMOA, in particular Senegal and Benin, have made significant progress in mastering the inflation thanks to effective policies to cap the prices of basic foodstuffs. In July 2024, Senegal and Benin recorded inflation rates of -0.7% and 1% respectively, well below the Community norm of 3%