July 20, 2021/OilPrice.com Chart of the Week – ROPEC+ countries have agreed on a deal to boost collective output by 400kbpd per month until year-end 2022, having aligned on new production baselines to become effective from May 2022 onwards. – Spare production capacity, however, has become something of […]
OPINION/EDITORIAL
Inflation on the Downtrend
July 20, 2021/Coronation Research Last week, the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report for June 2021 showed a moderate decline in the headline inflation to 17.75% from 17.93% recorded in May 2021. We attribute the slowdown to the effect of the high base from the previous […]
Another Gentle Slowdown in Inflation in June 2021
July 19, 2021/Proshare by FBNQuest Research The June report from the NBS shows a third successive decline in headline inflation, to 17.75% y/y from 17.93% the previous month. Our expectation, shared with the newswires, was a slightly higher rate of 17.85%. Base effects have turned favourable and should remain so […]
