SUMMARY
The WACRI update, the third of the year, remains in a consolidation trend with slightly varied scores. Security constraints in the face of terrorism keep the AES countries in the red, to which Guinea-Bissau is added, whose transition remains marked by uncertainty.
The blockade of the Strait of Hormuz, still far from knowing its epilogue, continues to boost inflation and influence growth forecasts. The categories most affected by this update remain the economy, security, politics, and geopolitics. The score of 10 countries rises, 4 are declining, and 2 are stabilizing. However, the amplitudes are low (max +0.10 excluding Guinea), a sign of a consolidation revision rather than a break.
