OGResearch Macro Portal Newsletter -- June 2024


June 5, 2024


  • The economic growth will pick up, supported by continued foreign financing
  • Inflation will rebound, driven by rising domestic demand and increase of regulated prices
  • The currency will stay strong in the next few quarters


  • The recent external support packages have helped alleviate short-term pressures
  • The inflation will pick up as the temporary disinflation factors from food prices dissipate
  • The NBU will keep the depreciation controlled, helped by FX restrictions

Read the forecasts in details on our Macro Portal.


Forecast updates in June:

  • Malawi
  • Tanzania