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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThis rate would be 2.9% at the end of September 2020, over one year, after a realization of 3.3% in August 2020. According to the issuing institute, " the deceleration in the pace of increase in the general price level in September 2020 is printed in particular by the Food and Alcoholic Beverages components, whose overall contribution to total inflation was 2.3 percentage points compared to 2.6 percentage points in August 2020, in connection with a relaxation of the prices of edible oils and fresh vegetables, particularly in Côte d'Ivoire and Senegal ".
Remaining the main source of price increases, the increase in the food component is linked to the increase in local cereal prices recorded in Niger (+57%), Mali (+48%) and Burkina Faso (+47%), in particular in relation to the decline in agricultural production for the 2019/2020 season, coupled with insufficient market supply.
The BCEAO services also note an increase in the price of fresh vegetables as well as tubers and plantains in Benin and Togo, due to the persistence of disruptions to distribution channels caused by the Covid-19 pandemic.
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