December 8, 2021/United Capital Research Earlier in the week, the National Bureau of Statistics (NBS) released the Terms of trade report for Q3-2021. The report showed that total trade in merchandise increased by 58.6% y/y in Q3-2021 and 10.4% q/q (from Q2-2021). The increase in total trade in merchandise comes […]

December 7, 2021/OilPrice.com Chart of the Week – The purported aim of the US government’s decision to release 50 million barrels of crude in January-April 2022 – to bring gasoline prices – seems to be slowly materializing. – The OPEC+ decision to maintain their agreed-upon 400,000 b/d production additions helped […]

December 6, 2021/IMFBlog Food Inflation in Sub-Saharan Africa By Seung Mo Choi Inflation is rising around the world. In sub-Saharan Africa, one item is driving the trend more than others: food prices. Food accounts for roughly 40 percent of the region’s consumption basket—a measure of goods and services used to measure […]