The monthly report on the economic situation, published on January 9, 2023, mentioned that inflation will remain at a still high level this year in the WAEMU. It recorded a slight fall in 2022 to 8.0%, following a slight fall in food prices following the arrival of new harvests, after settling at 8.4% in October the previous year.

Despite an increase in cereal production by around 16%, high prices were recorded due to high prices of food imported by the Union. This is the price of rice, which is up by 42%, the price of wheat, which is 12.8%, then the price of milk, which is up 22.2%. In addition to these factors, there are also supply difficulties in local markets, compounded by the effects of security and political crises. The increase in gasoline pump prices over one year remained very significant for all countries despite the fall in the Transport component, to 7% in November compared with 8% in October.