Nigeria inflation slowed for 12th month in January
Annual inflation in Nigeria slowed for the 12th month in a row in January to 15.13 percent, compared with 15.37 percent in December, the National Bureau of Statistics (NBS) said on Wednesday. A separate food price index showed inflation at 18.92 percent in January, compared with 19.42 percent in December. ”The rise in the food…
British inflation steady at five-year high in October
Britain's annual inflation rate steadied at a five-year high of 3.0 percent in October as rising food prices offset falling motor fuel costs, official data showed Tuesday.
US Fed official sees gradual rate hikes even amid low inflation
The US central bank can continue to raise interest rates gradually, despite persistent low inflation that could suggest a fundamental change in the economy, a top Federal Reserve official said Thursday.
British inflation steadies as Brexit impact fades
Britain's annual inflation rate steadied in July, with an expected rise failing to materialise as the pound recovers from a Brexit-fuelled slump, official data showed Tuesday.
British inflation slows to 2.6%
Britain's annual inflation rate surprisingly slowed to 2.6 percent in June, mainly owing to a drop in motel fuel prices, official data showed Tuesday.
Nigerian inflation rate declines to 13-month low
Nigeria’s inflation rate fell for a fifth consecutive in June even as food-price growth surged.
High food prices contradict latest declining inflation rate
According to the National Bureau of Statistics (NBS), the latest inflation rate, for the third consecutive month marginally declined by 0.02 per cent to 17.24 per cent, from the 17.26 per cent recorded earlier in March.
Nigerian economy glimpses dim light at end of tunnel
Suffering from rampant inflation, stalled investment and mass layoffs, Nigeria is still gripped by one of the worst economic crises in its history.