Inflation is nuanced across African economies. Smaller countries by population, like Morocco, with substantial trade balances and optimal industrial sectors, often have low inflation rates. In comparison, larger countries, by population, like Nigeria, which are exposed to global macroeconomic shocks, have double-digit inflation. Beyond external factors, domestic events, including seasonality, policy shifts, logistics costs, consumer market dynamics, and output levels, primarily drive inflation in these economies, underscoring the need for granular and contextual inflation forecast analysis.
Using data from the Stears Pan-African Inflation Forecast, this report provides a framework for private capital market professionals to understand and view inflation across Africa. The framework delivers a nuanced approach to integrate these forecasts into strategic decision-making processes to enhance due diligence and deal evaluation, optimise valuations, manage portfolio risks, compare country-specific investments and inform exit strategies in Africa's dynamic investment landscape.
The Stears Pan-African Inflation Forecast currently provides monthly and annual inflation
