The Central Bank of West African States (BCEAO) has drawn up an inventory of the market UEMOA interbank in its Monthly Bulletin of Statistics, putting evidence of an improvement in activity and a relaxation of the conditions of financing in November 2025.

According to the institution At issue, the volume of trade on the interbank market increased by 7.8% over the period under review. All maturities combined, the average volume Weekly trading stood at 991.7 billion FCFA in November 2025, against 920.0 billion FCFA in October. This dynamic reflects a renewed activity between credit institutions, in a context of liquidity overall more favorable.

At the same time, the interest rate conditions have relaxed markedly. The average interest rate of reference, calculated on the one-week compartment, came out at 3.90% in November 2025, down significantly from 4.81% recorded one month sooner. This decline reflects an improvement in liquidity supply and a better access for banks to short-term financing.

On the price front, YoY inflation remained in negative territory. She was established at -0.5% in November 2025, after -1.1% in October, an increase by 0.6 percentage points. This trend signals a slight recovery in consumer prices, without however marking a return to inflation positive.

Inflation underlying, indicator of the basic trend in prices excluding fresh produce and energy, for its part, increased slightly. It increased by 0.2 points percentage compared to October to reach 0.2% in November 2025. This Development suggests a continued moderation in inflationary pressures structures in the UEMOA area.

Overall, these indicators reflect an improving monetary environment of interbank activity, falling financing costs and a inflation is still contained, offering a relatively favourable framework for financing the regional economy.