UEMOA maintains economic stability with low Inflation and strong growth

The third ordinary session of the UEMOA Monetary Policy Committee opened this Wednesday, September 17, in an economic climate characterized by controlled inflation and robust indicators.

While many regions worldwide face inflationary pressures, the Union recorded an inflation rate of just 0.6% in the second quarter of 2025, down from 1.2% the previous quarter, confirming a downward trend observed over recent months.

This positive development is attributed to improved availability of staple goods in markets, lower prices of imported food items, and reduced fuel costs in several member states.

According to BCEAO Governor Jean-Claude Kassi Brou, this stability strengthens purchasing power and supports inclusive growth.

Economic activity remains dynamic, with real GDP growing by 6.5% year-on-year, driven by domestic demand and strong performance in the petroleum, gas, and agricultural sectors.

Growth projections for 2025 remain steady at 6.3%, matching 2024’s performance.

Despite global uncertainties, external accounts improved during the first half of the year. The monetary market continues to benefit from ample liquidity and eased key interest rates.

The Committee is set to review several strategic items, including a monetary policy report, a bank refinancing request linked to bond issuances, and updates on the repatriation of public revenue and the regional banking system’s health.

 

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