Ivory Coast Inflation Rate YoY
The inflation rate measures the increase or decrease in prices that consumers pay for a standard basket of commodities in the Ivory Coast. Food and Non-Alcoholic Beverages (which account for 25% of the total weight), Housing, Water, Electricity, Gas, and Other Fuels (which account for 13%), Restaurants and Hotels (which account for 13%), Transport (12%), and Clothing and Footwear (10%) are the most significant categories. 7% are in Communication, and 5% are in Miscellaneous Goods and Services. Health (4%) and Furnishings, Household Equipment, and routine maintenance of the house (4%) are all included in the index. The remaining 7% goes to Education, Recreation, and Culture, as well as Alcohol and Tobacco.
A higher than expected figure should be seen as positive (bullish) for the XOF while a lower than expected figure should be seen as negative (bearish) for the XOF.
