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Frontier markets tackle inflation with higher interest rates, says Fitch

Frontier markets tackle inflation with higher interest rates, says Fitch
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United States , Costa Rica , Sri Lanka , Fitch Ratings , Frontier Markets , Frontier Vision ,

Frontier Markets Recover, but Inflation & Unemployment Rising


Frontier Markets (FM) showed better GDP results in 4Q20 than the previous quarter, but rising inflation and unemployment rates highlight macroeconomic challenges, as shown in Fitch Ratings latest ‘Frontier Vision’ chart pack.
Annual GDP outturns improved in 4Q20 compared with 3Q20 in Armenia, Azerbaijan, Costa Rica, Guatemala, Jordan, Mongolia, Nigeria, Paraguay, Vietnam, Zambia among other countries.
At the same time, labour market conditions deteriorated in 4Q20 versus 3Q20, with unemployment rates rising in Azerbaijan, Jordan, Mongolia, Nigeria and Tunisia.
Furthermore, consumer price inflation has risen in recent months across many FM, including Armenia, Belize, El Salvador, Georgia, Iraq, Suriname and – especially – Nigeria, where inflation accelerated to 18.2% yoy in March 2021. ....

United States , El Salvador , Republic Of , Costa Rica , Fitch Ratings , Frontier Markets , Frontier Vision , Next Generation Markets , Saharan Africa , Latin America , Middle East , ஒன்றுபட்டது மாநிலங்களில் , எல் சால்வடார் , குடியரசு ஆஃப் , கோஸ்டா ரிக்கா , ஃபிட்ச் ரேடிஂக்ஸ் , எல்லை சந்தைகள் , அடுத்தது ஜெநரேஶந் சந்தைகள் , லத்தீன் அமெரிக்கா , நடுத்தர கிழக்கு ,