- Inflation drops from 5.9% in 2023 to 0.8% in 2024, reflecting a significant 5.1% decline.
- Lower global food prices, government measures, and BCEAO monetary policy credited for the improvement.
Abidjan, Côte d’Ivoire – Senegal recorded a steep drop in inflation in 2024, with the consumer price index (CPI) rising by just 0.8% compared to 5.9% in the previous year, according to data released by the National Agency for Statistics and Demography (ANSD) on Tuesday. The 5.1% reduction marks a notable achievement in stabilising the country’s economy.
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