Ivory Coast inflation -0.6 pct yr/yr in February

Ivory Coast inflation -0.6 pct yr/yr in February
A man grills meat during a meat fair in Port Bouet, Abidjan, Ivory Coast
ABIDJAN (Reuters) - Ivory Coast's consumer prices fell 0.6 percent year-on-year in February, down from 0.2 percent inflation in January, data from the National Statistics Institute showed on Monday.

Food and soft drink prices in the world's top cocoa producer dropped 0.6 percent, while housing and utilities prices fell 4.8 percent. Transport costs rose 0.4 percent, the report said.

Ivory Coast's economy accounts for around 40 percent of the eight-nation West African CFA franc currency zone.

(Reporting by Loucoumane Coulibaly; Editing by Sofia Christensen and Toby Chopra)

2018-03-12 12:20:56

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