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Episode 93: Consumer outlook for Sub-Saharan Africa
Thea Fourie
Director, Economics, S&P Global Market Intelligence
Andrew Harker
Director, Economic Indicators & Surveys, S&P Global Market Intelligence
Alisa Strobel
Principal Economist, Global Economics SSA, S&P Global Market Intelligence
Sub-Saharan Africa suffered a sharp economic contraction over the last year. Pandemic lockdowns, trade and supply chain disruptions, and employment disruptions had a marked impact on household and business wallets. In today’s episode, our SSA and PMI teams discuss the speed and magnitude of recovery across the region as countries begin to reopen despite the pandemic and slow vaccine rollouts. They will focus on our PMI data as they look at employment conditions, recovery efforts, and what this ultimately means for the consumer.