Morning Brief - july 23rd, 2021

ECONOMIC HEADLINES

| MOROCCO | AIR TRAFFIC | A sharp decline in H1 2021
According to the National Airports Office (ONDA), air traffic amounted to 2.5 million passengers in H1 2021, down 50.2% from the same period of the previous year. Compared to H1 2019, this shows a decline of 78.8%.

| CÔTE D’IVOIRE | INFLATION | Prices up 3.5% y-o-y in June 2021
According to the National Statistics Institute of Côte d'Ivoire, the harmonized consumer price index shows an increase of +0.4% in June 2021 compared to that of the previous month. Year-on-year, the inflation rate stands at +3.5% above the community conver-gence threshold set at +3.0% by the WAEMU.

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