- SA: Despite a poor end to the year, new vehicle sales registered its first full year expansion (1.8% y/y) in four years, with 2017 passenger car sales 1.9% higher than 2016. November manufacturing output climbed 1.7% y/y, continuing its robust performance for the final quarter of 2017. December’s ABSA manufacturing PMI deteriorated from 48.6 in November to 44.9.
- SSA: Tanzania headline inflation decelerated to 4% y/y in December. Mozambique headline inflation moderated to 5.6% y/y in December compared to 7.2% the previous month. Namibia headline inflation remained unchanged at 5.2% y/y in December.
- Global: Eurozone retail sales rebounded 1.5% m/m in November and industrial production climbed 1% m/m. UK industrial production rose 0.4% m/m in November compared to a 0.2% increase the month before. China headline inflation edged up 0.1 percentage point to 1.8% y/y in December. China producer price inflation, however, decelerated to 4.9% y/y in December compared to 5.8% the month before.