July 19, 2022/United Capital Research Last week, the National Bureau of Statistics (NBS) published the Consumer Price Index (CPI) report for Jun-22. It reported that headline inflation rose 88bps to 18.6% for the month, with the inflation basket expanding 1.8% m/m. Interestingly, the inflation print of 18.6% in June-2022 represents […]
Updates
H2 2022 Outlook: Economic Recovery to Slow in H2
July 19, 2022/CSL Research Except for our outlook on inflation, our main views on the macroeconomy from the start of the year have played out. In our 2022 outlook, we argued that the risk of FX depreciation will likely persist due to capital reversal from emerging markets (EMs) and frontier […]
MPC Meeting Update – July 2022
July 19, 2022/InvestmentOne Update In the 4th MPC meeting for the year, the Committee unanimously voted to RAISE policy rate by another 100bps to 14.00% with other policy parameters unchanged. Other parameters retained were: The asymmetric corridor of +100/-700 basis points around the MPR; The CRR at 27.50%; and […]
