Key Economic Data for the Market with Tony Twine

(www.abndigital.com)
Key economic data for the market out today - GDP figures which showed the economy grew 4.8% in the first quarter on a seasonally adjusted and annualised basis. M3 money supply is unchanged month on month but declined by 50 basis points to 6.0% year on year. Private sector credit extension rose by 0.8% versus April but is up 6.2% compared to the same time last year. Trade data will be out later today. Tony Twine, senior economist at Economterix joins ABN to unpack what all these economic indicators mean about the health of Africa's largest economy.

Category:

News & Politics

Tags:

• Key
• Economic
• Data
• Market
• Tony Twine
• Economterix