September 18, 2024/InvestmentOne Update ASI as at 12.00pm: +0.42% Top Gainers and Losers: HONYFLOUR (+9.96%), MEYER (+9.95%), NNFM (-10.00%) and BERGER (-9.81%). Sector Performances: Oil & Gas (+0.22%), Banking (-0.99%), Consumer Goods (-0.07%) and Banking (-0.02%). Market activity: In today’s trade, total volume moderated by 14% while total value rose […]
Updates
Inflation Report – August 2024
September 17, 2024/Coronation Research The NBS has released its August inflation report to show Headline rate: 32.2% y/y (33.4% in July) Core rate: 27.6% y/y (27.5%); and Food rate: 37.5% y/y (39.5%). In line with the direction of our […]
Macroeconomic Update: Inflation Report for August 2024
September 17, 2024/Futureview Research Headline Inflation In August 2024, the headline inflation rate eased to 32.15%, down from 33.40% in July 2024, reflecting a 1.25% point decrease. However, on a year-on-year basis, inflation was 6.35% points higher than August 2023’s rate of 25.80%. Month-on-month, inflation for August 2024 stood at […]
