FDC ECONOMIC BULLETIN – OCTOBER 11, 2017 (Re: Headline inflation to taper off at 15.99% in September)

Dear Subscriber,

Headline inflation is expected to decline to 15.99% from 16.01% in August, making it the eight consecutive monthly decline in 2017. We noticed a widespread ease in food commodity prices, usually associated with early harvest.

We believe the threat of higher inflation is looming with the commencement of the electoral cycle. This is because the incumbent government will roll out a series of people-friendly disbursements and initiatives.

In the attached bulletin, the FDC Think-Tank analyses inflationary pressures in the economy.

Do enjoy your read…