## Regional Economic Outlook: Sub-Saharan Africa, October 2008 — Table of Contents

_Sub-Saharan Africa, October 10, 2008_

## Source details

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## Bibliographic details
- Published: October 10, 2008
- Series: Sub-Saharan Africa

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### Executive summary: recent assessment and causes
- The report finds that Sub-Saharan Africa's prospects "have deteriorated somewhat and the risks have increased."
- The fall in growth is attributed mainly to:
  - "the global food and fuel price shock," which has weighed particularly on growth in oil-importing countries.
  - "the global financial market turmoil," which has slowed global growth and demand for Africa's exports.
- Rising prices, particularly of food, imply that "poverty may well be on the increase in 2008."

### Key projections and indicators
- Growth in the region is projected to dip to "6 percent in 2008 and 2009."
- Inflation is expected to rise to "12 percent in 2008," mainly due to the food and fuel price shock.
- Inflation is expected to ease to "10 percent" in 2009, "helped by recent commodity price declines."

### Risks and uncertainty
- There are "significant risks to the outlook" related to:
  - "a potentially deeper and longer period of global financial turmoil and resulting slowdown in global activity,"
  - "substantial uncertainty concerning commodity prices."

### Communications, outreach, and data access
- A video commentary is available: "Watch a video by Antoinette Sayeh about the outlook."
- A press briefing was held: "Press Briefing on the Sub-Saharan Africa Regional Economic Outlook" on "October 10, 2008" (Webcast | Transcript).
- A press release is noted: "IMF Outlook for Sub-Saharan Africa Highlights Impact of Global Financial Turmoil and Fuel and Food Price Shocks."
- Readers are directed to manipulate, graph, and download data from this report using "IMF Data Mapper®."

*Regional Economic Outlook: Sub-Saharan Africa, October 2008 — Table of Contents (web landing page).*

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## References

- [Watch a video by Antoinette Sayeh about the outlook](https://www.imf.org/external/mmedia/view.asp?eventID=1276)
- [Webcast](https://www.imf.org/external/mmedia/view.asp?eventID=1257)
- [Transcript](https://www.imf.org/external/np/tr/2008/tr101008.htm)
- [Press Release:](https://www.imf.org/external/np/sec/pr/2008/pr08243.htm)
- [IMF Data Mapper®](https://www.imf.org/external/datamapper/index.php?db=AFRREO)
- [Typology of Countries](https://www.imf.org/external/datamapper/afrreoreg.htm)
- [Regional Economic Outlooks](https://www.imf.org/external/pubs/ft/reo/reorepts.aspx)
- [World Economic Outlook:](https://www.imf.org/external/pubs/ft/weo/2008/02/index.htm)
- [Ordering Information](https://www.imf.org/external/pubs/cat/longres.cfm?sk=22033.0)
- [Disclaimer](https://www.imf.org/external/terms.htm)
- [Adobe Acrobat Reader](https://www.imf.org/adobe)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/publications/reo/ssa/issues/2017/01/07/regional-economic-outlook-sub-saharan-africa5_