ICoast inflation rises to 3 pct in Oct: stats office

Tue Nov 6, 2012 12:39pm GMT
 

ABIDJAN (Reuters) - Year-on-year inflation in Ivory Coast rose to 3 percent in October from 2.2 percent in September, figures from the National Statistics Institute showed on Tuesday.

The monthly report showed food and soft drink prices climbed 5.2 percent, utility prices rose 3.4 percent, and communication costs declined 0.6 percent. Healthcare prices fell 0.8 percent and transport prices were up 2.1 percent.

Ivory Coast's economy makes up around 40 percent of the eight-nation West African CFA franc currency zone.

People exchange money in Abidjan, December 31, 2004. REUTERS/Thierry Gouegnon

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