Audio By Carbonatix
Year-on-year consumer price inflation in Ivory Coast rose to 3.9 percent in April from 3.6 percent in March, figures from the National Statistics Institute showed on Monday.
The country’s eastern neighbor Ghana is also recording rising inflation, with the latest figures from the state statistical service (for March) showing a rise for the second month in a row to 10.4 percent, up from 10 percent in February and 8.8 percent in January.
The monthly report from Ivory Coast showed food and soft drink prices climbed 4.8 percent, utility prices rose 2.9 percent and communication costs fell 0.3 percent.
Healthcare prices declined 1.7 percent and transport prices increased 2.1 percent.
Ivory Coast's economy makes up around 40 percent of the eight-nation West African CFA franc currency zone.
From: Ghana l Reuters, with additional files from GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Cocoa smuggling: Fiapre Circuit Court grants GH¢10k bail each to four suspects
9 minutes -
African media criticised for weak geopolitical coverage
13 minutes -
NHIA launches free NHIS registration campaign
15 minutes -
Oil prices rise by $1 as investors weigh Middle East peace prospects
16 minutes -
Court remands three over jewellery shop robberies
19 minutes -
NAIMOS intensifies crackdown on illegal mining activities along Ankobra River
21 minutes -
Evidence-based data crucial in fight against climate change – Food systems stakeholders
21 minutes -
Mason jailed over motorbike theft
24 minutes -
No journalist must be harassed – Gov’t promises media protection, warns against threats to press freedom
26 minutes -
Africa must address training gaps, retain health staff – Opoku-Agyemang
26 minutes -
Climate action must support Ghana’s resetting agenda – Climate Minister
30 minutes -
Asokore-Mampong Municipal Assembly records significant gains in revenue mobilisationÂ
33 minutes -
Digital technologies critical to strengthening Africa’s health systems – WHO
37 minutes -
BoGÂ backs cross-border fintech expansion to deepen African markets
42 minutes -
Indigenous innovators power Ghana’s growth with UNDP support
46 minutes