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UEMOA inflation seen slowing to 2% in May as global food prices ease

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  • Central bank cites favourable harvests and commodity disinflation
  • Divergent national trends and geopolitical risks temper optimism

Cotonou, Benin – Inflation across the eight-member West African Economic and Monetary Union (UEMOA) is expected to ease to 2.0% in May, down from 2.2% in March, as global food prices moderate and domestic harvests boost supplies, the Central Bank of West African States (BCEAO) reported.

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