WAEMU: A « comeback » for a strong progression of economic indicators

WAEMU: A « comeback » for a strong progression of economic indicators

The West African Economic and Monetary Union (WAEMU) recorded a strong increase in economic aggregates in June 2021 compared to the same period in 2020. According to the Central Bank of West African States (BCEAO), this situation is explained by the « catching up effects ». According to BCEAO data, the zone has seen a year-on-year increase in the trade turnover index. This means a growth rate of 21.1% in June compared to -20.7% in May 2020. By monthly comparison, this indicator fell to 21.8% in April 2021. Meanwhile, in market services, the revenue index fell by 18.7% in the same period,…

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