Annual inflation continues to descend further since the start of the year, falling to 5.4 % y/y in July, 0.7% lower than in June. On a month-on-month basis prices remained flat. The slowdown in annual inflation was largely due to a decline in transport prices. Overall, prices in two basket… Continue reading
Moody’s Downgrades Namibia to Sub-Investment Grade On Friday 11 August Moody’s Investors Service downgraded Namibia from Baa3 to Ba1, sub-investment grade. While the timing was unexpected, the downgrade was not. At the start of the year we voiced our concern that Namibia would lose its investment grade rating. We thus… Continue reading
IJG Yield Curves 2017 08 14