Macroeconomic Update | Post – Inflation | September 2020

The report from the National Bureau of Statistics show that headline inflation was higher at 13.71% YoY in September (vs 13.22% YoY in August), also 22bps higher than our forecast of 13.49%. The food index rose by 16.66% YoY (vs 16.00% YoY in August) as price increases were witnessed on key food items like bread and cereals, potatoes, yam, and meat, amongst others.

Click on the link to access the full report attached:

Post-Inflation Update September 2020


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