Culled—Proshare October 16, 2020 by FBNQuest Research Headline inflation accelerated again in September to 13.71% y/y from 13.22% the previous month. (Our expectation, shared with the newswires, was a little changed rate of 13.30% with a positive harvest impact.) Food price inflation quickened from 16.00% y/y to 16.66%. The […]
Updates
Communiqué of the Forty-Second Meeting of the IMFC
October 15, 2020/IMF Chaired by Mr. Lesetja Kganyago, Governor of the South African Reserve Bank We express our sympathies for the loss of human lives caused by the COVID-19 pandemic and reiterate our commitment to mitigating the health and economic impact of the pandemic on people worldwide. A tentative global […]
September Annual Inflation Rate Rises to 13.71% amid Continued Increase in Food Prices
October 15, 2020/Cowry Asset Freshly released Consumer Price Index (CPI) data by the National Bureau of Statistics (NBS) showed that the annual inflation rate maintained its upward trajectory, as it further rose to 13.71% in the month of September (from 13.22% printed in August). The northward movement in inflation rate […]
