Ivory Coast consumer inflation at 0.7 percent yr/yr in September

ABIDJAN (Reuters) – Consumer price inflation in Ivory Coast, the world’s top cocoa grower, rose to 0.7 percent year-on-year in September compared with deflation of 0.4 percent in August, data from the National Statistics Institute showed on Tuesday.

The monthly report showed that food and soft drink prices rose 2 percent year-on-year, housing and utility prices added 1.3 percent but transport costs fell 1.4 percent.

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

(Reporting by Reporting by Loucoumane Coulibaly; Writing by Emma Farge Editing by Jeremy Gaunt)