October 11, 2018 / 1:31 PM / 5 months ago

Ivory Coast inflation slows to 0.5 pct year-on-year in September

A woman hands over a 10,000 CFA ($16.50) note to pay for food during the attieke and fish festival in Abidjan, Ivory Coast, January 30, 2016. REUTERS/Joe Penney

ABIDJAN (Reuters) - Consumer price inflation in Ivory Coast slowed to 0.5 percent year-on-year in September, down from 0.9 percent in August, data from the National Statistics Institute showed on Thursday.

Food and soft drink prices in the world’s top cocoa producer slowed 0.6 percent year-on-year, while housing and utilities prices rose 2.2 percent. Transport costs gained 1.1 percent.

Ivory Coast’s economy accounts for around 40 percent of the eight-nation West African CFA franc currency zone.

Reporting by Loucoumane Coulibaly; Editing by Sofia Christensen and Gareth Jones

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