FDC COMMODITY UPDATE – FEBRUARY 27, 2018

Dear Subscriber,

GDP growth recovered slightly in 2017 to 0.83%, substantially lower than the population growth rate. The good news is that the agricultural sector, the largest component of GDP, recorded a growth of 3.45%. It has maintained this growth momentum in the last 5 quarters. Its impact on commodity prices has been to curb price inflation in spite of currency weakness.

The attached bulletin addresses these and other issues in the domestic and global commodities market.

Enjoy your read!