Morning Brief August 19th 2024

ECONOMIC HEADLINES

| MOROCCO | INFLATION | An inflation rate of 1.3% in July 2024
In July 2024, the Consumer Prices Index fell by 0.2% compared to June 2024, taking into account the decrease of 0.5% in the food products index and the increase of 0.1% in the non-food products index. Year-on-year, the inflation rate stands at 1.3% in July 2024.

Note that the underlying inflation indicator which excludes products at volatile prices and products at public tariffs, increased by 0.1% in July 2024 compared to the previous month and by 2.1% year-on-year.

| SENEGAL | INFLATION | Consumer prices down -0,7% in July 2024
According to the National Agency for Statistics and Demography of Senegal, the Harmonized Consumer Prices Index increased by 0.1% in July 2024 compared to the month of June. On an annual basis, this shows a decrease of -0.7%;

 

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