October 16, 2023/Cordros Report In our inflation report for August (refer to report: Price Pressures Remain Biased to the Upside in the Near Term), we highlighted that domestic customer prices will remain under pressure following the lingering impact of the FX and PMS subsidy reforms in the economy amid the […]

October 16, 2023/CSL Research According to the latest monthly report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s average oil production hit a 20-month high in September reaching 1.57mbpd. The report indicated that crude oil output (including condensate) rose by 11.1% from 1.43mbpd in August and surged by 25.6% […]

(Credit: Kokouu/iStock by Getty Images) October 13, 2023/IMFBlog By Yan Carrière-Swallow and Krishna Srinivasan Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running out of steam. We expect growth in Asia and the Pacific to accelerate […]