ABIDJAN (Reuters) – Ivory Coast’s consumer price inflation rose to 0.6 percent year-on-year in October, up from 0 percent in September, data from the National Statistics Institute showed on Tuesday.
The monthly report showed housing and utility prices climbed 2.5 percent, food and soft drink prices fell 1.4 percent while transport costs slipped 0.9 percent. Healthcare prices rose 0.3 percent and communications costs were up 1.4 percent.
The economy of the world’s top cocoa grower makes up around 40 percent of the eight-nation West African CFA franc currency zone.