In June, ​US President Donald Trump authorised a ⁠temporary suspension of certain duties on phosphate ​fertiliser imported from Morocco.

PPI is considered an indication of where consumer inflation may head in the next six months.

Ethiopia is set to modernise the way it forecasts and manages its economy under a new International Monetary Fund (IMF) technical assistance programme designed to strengthen economic planning, fiscal management and policy analysis.

Growth across the world’s largest economies has remained resilient despite rising protectionism, geopolitical tensions and energy market disruptions, but deep-rooted structural weaknesses continue to threaten long-term prosperity, according to a new report by the International Monetary Fund (IMF).