FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds

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Jun 1 , 2024.

The percentage points indicating the loss in the average growth rate of real GDP in Africa for a one-percentage-point increase in inflation. This is an unusual empirical finding, higher than typically observed in other regions where the relationship between inflation and GDP growth tends to be less pronounced. It reveals that African economies are uniquely vulnerable to inflationary pressures, possibly due to structural weaknesses, high dependency on imports for essential goods, and limited policy tools to combat inflation effectively.


PUBLISHED ON Jun 01,2024 [ VOL 25 , NO 1257]

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