Before turning to the analysis of the range of indicators of underlying inflation, it is also necessary to recognise that the trajectory of the underlying inflation component can be affected by shocks to the noise and reverting components of inflation.
6 In terms of services, Afreximbank has three broad services namely, (i) credit (trade and project financing); (ii) risk bearing (guarantees and credit insurance); and (iii) trade information and advisory services. In this regard, a number of countries have benefited. 4  Ibid. 5  Opcit.