Browsing: U.S. Consumer price inflation

Agriculture driving Côte d’Ivoire’s economy
  • Inflation is cooling gradually but remains stubbornly high in most economies, including Africa, UK and U.S. despite the efforts of central banks according to economic experts. 
  • In 2023 EIU forecast that disinflation in SSA will be slower than on all continents barring Latin America and Asia and Australasia, and that SSA inflation will average 12.5 percent. 
  • Markets are now betting on a longer period of higher interest rates as they begin to take heed of the message from central bank officials.

Inflation is cooling gradually but remains stubbornly high in most economies, including Africa, UK and U.S. despite the efforts of central banks according to economic experts.

Average annual inflation in Sub-Saharan Africa (SSA) in 2022, hit 14.5 percent year-on-year on aggregate according to Economist Intelligence Unit (EIU) and is estimated to have been higher than in any other region of the world except the Middle East and North Africa, …