SSA Inflation Update – December 2023

Analyst: Ibukun Omoyeni*I.omoyeni@vetiva.comLower oil prices moderate inflation in most SSA economiesIn 2023, headline inflation fell in 6 out of the top 10 economies in Africa. This can be linked to lower energy prices. The largest decline was recorded in Angola (-8.1 ppts), Ethiopia (-3.6 ppts) and South Africa (-0.9 ppts). The largest uptick was observed…

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