According to the Central Bank of West African States (Bceao) in its latest publication, "Bulletin
quarterly statistics” during the second quarter of 2019, oil prices denominated in divis have
recorded a year-on-year decline of 11.4%.
With regard to the main raw materials exported by the countries of the Union, their prices experienced
contrasting trends, with a year-on-year decline for cashew (-40.9%), coffee (-17.7%),
cotton (-16.8%) and cocoa (-8.1%).
On the other hand, prices rose for rubber (+13.2%) and gold (+0.4%). As to
imported products, compared to the second quarter of 2018, prices were on a downward trend for
edible oils (-37.6%), rice (-10.6%) and wheat (-4.6%).
On the regional stock market, the BRVM 10 index fell by 26.7% at the end of June 2019 compared to its
level at the end of June 2018. As for market capitalization, it fell by 24.5% over the same period.