Business

Inflation rate in 12 largest economies in Africa

Published

on

Spread The News

Inflation rate of top 12 largest economies in Africa shows that Nigeria, emerging third largest economy, ranks highest with 32.2% inflation, trailed by Angola which is 8, with 30.5%, while Morocco has the list inflation at 1.3%, as at July 2024.

South Africa, which is the largest economy in Africa has inflation rate of 4.6%, and the second largest economy, Egypt has inflation rate of 26.2%.

 

Details largest economies in Africa and their inflation rates.

 

AFRICA’S LARGEST ECONOMIES & THEIR INFLATION RATES – JUL/AUG 2024

 

1 South Africa: 4.6%*

2 Egypt: 26.2%

3 Algeria: 6.42%*

4 Nigeria: 32.2%

5 Ethiopia: 17.2%

6 Morocco: 1.3%*

7 Kenya: 4.4%

8 Angola: 30.5%

9 Tanzania: 3.1%

10 Ghana: 20.4%

11 Uganda: 3.5%

12 Tunisia: 6.7%

Leave a Reply

Your email address will not be published.

Trending

Copyright © 2024 Nationaldailyng