The inflation rate in the west African Economic and Monetary Union (WAEMU) ,declined to 3.6% in September 2024 , down from 4,4% in August, according to the Central Bank of West African states' Monthly Report published on November 8,2024.The Central Bank of West African states', attributed the decline in food price inflation to increased availability of vegetables and cereals from the 2024 agriculture harvest particularly in coastal nations : Benin, Ivory coast and Togo , contributed to a moderation in food price inflation.Inflation remains high in Burkina Faso and Guinea-Bissau. Food prices rose 5% in September, down from 6.8% previously, however housing cost rose to 4,4% in September from 4% in August mainly due to charcoal supply issues in Burkina Faso and Niger .Core inflation, excluding fresh food and energy prices also dipped slightly to 2,3% in September from 2.5% in August. These figures emerge as several West African Economic and Monetary Union maintain export restrictions on staples crops to safeguard stable and affordable domestic supplies .The Central Bank of West African States projects that inflation will continue to taper off , reaching 3,5 % in October and 3.4% in November 2024.

Christelle koambi