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Analysis by Region - Africa

Publisher Oxford Economics
Published May 20, 2024
Length 6 Pages
SKU # OFE18813076

Description

Analysis by Region - Africa



Available data indicates that economic momentum slowed in Q1 2024. However, despite a brief dip into contractionary territory in March, the PMI still signals growth in the economy's agricultural, construction, wholesale & retail, industrial, and services sectors over the next 12 months. Fixed investments in the oil sector will likely lead to positive spillover benefits by supporting growth in complementary industries. At the same time, corporate credit uptake has averaged around 5% y/y since the start of the year, supporting investments in the mining, construction, trade, and agricultural sectors.

Table of Contents

6 Pages
Uganda: Economic activity catches its breath
Forecast overview
Recent developments
Short-term outlook
Key drivers of our Short-term Forecast
Economic risk
Economic risk evaluation
Backgrou

Pricing

Currency Rates
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