SSA CORE OUTLOOK: 9 TO 13 SEPTEMBER 2019
9 September: Tanzania and Mauritius August CPI. Tanzania’s inflation was flat at 3.7% y/y in July.
10 September: South Africa’s July manufacturing output. These will be the first production numbers for Q3 and could be a curtain raiser for how the sector will perform in the quarter. Mozambique and Rwanda publish August inflation figures. Headline rates were subdued in July at 1.0% y/y and 1.9%.
11 September: Where to next for Ghana’s inflation? The country’s headline inflation (July: 9.4% y/y) bottomed out at 9.0% y/y in January although it has remained in the 9-9.5% range so far this year.
12 September: Key data releases in South Africa, Angola and Namibia. Mining output numbers for July will be in focus in South Africa.
13 September: S&P rating updates on Ghana and Nigeria. The agency currently has its credit ratings on both countries at B/stable/B. Statistics Botswana will publish August inflation figures (July: 2.9% y/y).
DISCLAIMER: CORE-LINES IS PRODUCED BY DUMISANI NGWENYA AND HIGHLIGHTS DATA AND EVENTS UPCOMING IN SELECTED COUNTRIES IN THE REGION. IT IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. FINAL DATES ARE DECIDED BY LOCAL AUTHORITIES. ALL RIGHTS RESERVED.