Morning Brief april 22nd, 2021

ECONOMIC HEADLINES
| MOROCCO | AIR TRAFFIC | A decrease of 70% in Q1 2021
According to the National Airports Office, air traffic amounted to 400,863 passengers in March 2021, down 57.4% compared to the same month of the previous year. To this end, air traffic during the first three months of 2021 shows a decline of -70.2% year-on-year, i.e. 1,466,634 passengers.

| CÔTE D’IVOIRE | INFLATION | Prices up 3.3% y-o-y in March 2021
According to the National Institute of Statistics, the Harmonized Consumer Price Index of Côte d’Ivoire increased by 0.2% in March 2021, compared to the previous month. Year-on-year, the inflation rate stands at +3.3% above the community convergence threshold of 3.0% set by WAEMU.

| BURKINA FASO | INFLATION | Prices up 2.5% y-o-y in March 2021
According to the National Institute of Statistics and Demography, the Harmonized Consumer Price Index of Burkina Faso rose by 0.6% in March 2021 compared to the previous month. Year-on-year, the inflation rate stands at +2.5% below the community con-vergence threshold of 3.0% set by WAEMU.

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