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Nigeria Autos Q3 2018

BMI View:

The greater than expected positive impact that easing inflation and lower borrowing costs is having on market demandhas led us to revise up our forecast for new vehicle sales in Nigeria to growth of 52.6% in 2018, up from our previous forecast of2.8%, although this will be coming from a low base.Over the coming quarters, we expect additional interest rate cuts by the centralbank, local currency stability and further disinflation to continue to fuel growth in domestic vehicle purchases.

BMI Industry View
Industry Forecast
Industry Forecast Scenario
Industry Risk/Reward Index
Sub-Saharan Africa Autos Production Risk/Reward Index
Sub-Saharan Africa Autos Sales Risk/Reward Index
Nigeria Autos Production Risk/Reward Index
Nigeria Autos Sales Risk/Reward Index
Company Profile
Peugeot Automobile Nigeria (PAN)
Regional Overview
Sub-Saharan Africa Overview
Demographic Forecast
Demographic Outlook
Autos Methodology

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