Economy

Latest inflation data shows that in September, consumer prices grew by 15.3% y-o-y. Still disconcertingly high - indeed, it is the second highest monthly reading since May 2006 -... 2008-10-29

BMI View: We are forecasting a small narrowing of Mauritius' current account deficit from 10.0% of GDP in 2008 to 9.1% in 2009 as the price of commodity imports falls and a weaker... 2008-10-28

Despite picking up from 3.2% y-o-y in Q108 to 5.3% y-o-y in Q208, our year-end forecast of 6.3% for Mozambique now looks slightly optimistic. As such, we are revising down our 2008... 2008-10-28

BMI View: The official inflation rate for July is 231,000,000% - which would imply prices double approximately every 17 days - but the Cato institute has estimated inflation in... 2008-10-28

BMI View: Weakening external demand will weigh on Madagascar's export earnings over the medium term. We have downgraded our forecast for real GDP growth in 2009 to 6.0% from a previous... 2008-10-28

BMI View: Monthly inflation for September showed the first fall for two years, following stable outcomes in July and August. Although it is too early to be categorical, developments... 2008-10-28

BMI View: We remain very confident that Botswana can weather the global economic storm. We expect real GDP growth of 4.8% and 5.1% for 2008 and 2009, respectively, with the main... 2008-10-28

BMI View: We have downgraded our forecasts for real GDP growth on the back of the global financial crisis and sharp moderation in oil prices. We now see the economy expanding at... 2008-10-28

BMI View: Consumer inflation came in at 11.3% y-o-y in August, up from 10.6% y-o-y in July. We believe it may have peaked, given the slumping of global commodity prices over September-October,... 2008-10-28

BMI View: With commodity prices falling, Zambia should get some relief from inflation, which rose to 14.2% y-o-y in September. We are forecasting inflation to come in at 13.7% at... 2008-10-28