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Tag "inflation rate"

Nigeria’s inflation rate hits 33.2% as food prices soar

    Nigeria’s inflation rate hits 33.2% as food prices soar

Nigeria’s inflation rate rose to 33.20 percent in Mach 2024 — up from 31.70 percent in February. The National Bureau of Statistics (NBS) disclosed this in its consumer price index

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Ghana’s inflation rate drops to 35.2% in October — lowest in 14 months

    Ghana’s inflation rate drops to 35.2% in October — lowest in 14 months

Ghana’s annual consumer inflation rate slowed to a 14-month low of 35.2 percent in October 2023, down from 38.1 percent in September. Samuel Kobina Annim, the government statistician for Ghana,

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CPPE: Hike in transport fares, naira depreciation responsible for high inflation rate

    CPPE: Hike in transport fares, naira depreciation responsible for high inflation rate

The Centre for Promotion of Private Enterprise (CPPE) says depreciating exchange rates and surging transportation costs, among others, are major drivers of the country’s increasing inflation rate. Muda Yusuf, chief

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Nigeria’s inflation rate rises to 24.08% — highest in more than 10 years

    Nigeria’s inflation rate rises to 24.08% — highest in more than 10 years

The consumer price index (CPI), which measures the rate of change in prices of goods and services, rose to 24.08 percent in July 2023 — up from 22.79 percent in

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‘Killings, cost of living increased after elections’ — southern, middle belt leaders lament

  ‘Killings, cost of living increased after elections’ — southern, middle belt leaders lament

The Southern and Middle Belt Leaders (SMBLF), a coalition of pressure groups, says there are increased cases of killings and

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Inflation report, redesigned naira notes… 7 top business stories to track this week

  Inflation report, redesigned naira notes… 7 top business stories to track this week

Here are the seven top business news you need to track this week — December 12 to December 16. CBN

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Nigeria’s misery index

  Nigeria’s misery index

BY RISLANUDEEN MUHAMMAD The Misery Index measures the social and economic costs for individuals living in a particular country. It

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US inflation rate jumps to 9.1% — highest in almost 41 years

  US inflation rate jumps to 9.1% — highest in almost 41 years

The annual inflation rate of the United States reached 9.1 percent in June, the highest rate in almost 41 years.

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IMF: Nigeria’s economy gaining strength — but inflation will remain high

  IMF: Nigeria’s economy gaining strength — but inflation will remain high

The International Monetary Fund (IMF) says inflation will remain high despite the ongoing economic recovery in Nigeria. The Washington-based institution

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Bank of England increases interest rate by 0.25%

  Bank of England increases interest rate by 0.25%

The Bank of England (BoE) has raised its interest rates as it struggles with rising inflation and economic growth. The

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