In its Monthly Statistics Bulletin of December 2019, the BCEAO referred to the situation on
international markets without forgetting the Uemoa zone. “Crude oil market prices
international markets (WTI, BRENT, DUBAI average), expressed in US dollars, recorded an increase, in
year-on-year, by 15.6% in December 2019.
Over the same period, the prices of the main raw materials exported by WAEMU countries to
namely, cashew nuts (-52.8%), cotton (-33.4%), coffee (-21.5%) and rubber (-11.2%)
subscribers fell while those of cocoa (+49.1%) and gold (+39.4%) were on the rise.
With regard to the main food products imported by the countries of the Union, their prices came out in
increase at an annual rate, of 8.2% in December 2019”, informs the Bceao. At the political level
monetary policy, the main central banks kept their key rates unchanged during the month
of December 2019.
According to the institution common to the eight member countries of UEMOA, international stock market indices have
experienced increases at the end of December 2019, year-on-year. “The more significant increases have
recorded at the level of the Nasdaq Composite (35.2%), the Standard & Poor's 500 (+28.9%), the CAC 40
(+26.4%), the DAX (+25.5%), the Eurostoxx 50 (+249%) and the Dow Jones (+7.7%).
On the foreign exchange market, the European currency depreciated at an annual rate against the pound
sterling (-4.9%), the Japanese yen (-3.1%), the US dollar (-1.9%) and the Chinese yuan (-0.7%) ”, details the
BCEAO.