Goods prices in East Africa are to remain stable in 2018, a relief for consumers, after scorching run of double-digit inflation last year.
 
According to African Development Bank (AfDB) released early January 2018, indicates that inflation in the region is expected to decline sharply, thanks to improved crop harvests, having soared to nearly 10% last year.
 
East Africa is among the fastest growing region in African continent, which will bring more investment into the region. Growth is expected to remain higher side, reaching around 6 per cent in 2018 and 6.1 per cent in 2019. Strong growth expected in the sub-region, comprises countries (Djibouti, Ethiopia, Kenya, Rwanda, Tanzania and Uganda) growing five per cent or more,” AfDB reported in its 2018 Africa Economic Outlook report on the continent’s macroeconomic performance and prospect.