November 16, 2021/United Capital Report Yesterday, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report for Oct-2021. The headline inflation rate came in well below expectations at 15.99% y/y, lower than our forecast of 16.25%, and 64bps lower than the Sep-2021 print (16.63%). This implies a […]
OPINION/EDITORIAL
Inflation Rate Descends Further to 15.99%
November 16, 2021/CSL Research In line with our expectation, the Consumer Price Index (CPI) data released by the National Bureau of Statistics (NBS) revealed that headline inflation further moderated by 64bps to 15.99%, making it the seventh consecutive month of decline. Without a doubt, the current disinflation continues to see […]
Base Effects to Support Price Deceleration over the Short Term
November 15, 2021/Cordros Report Domestic prices sustained their deceleration for the seventh consecutive month in line with the favourable base effects from the prior year. According to the National Bureau of Statistics (NBS), headline inflation moderated by 64bps to 15.99% y/y – the lowest since December 2020 (15.75% y/y). The […]
