Inflation
12 Apr
Ahead of the release of Nigeria’s inflation rate for March, CAPE Economic Research and Consulting has disclosed that the country’s consumer price index would increase to 32.65 per cent from 31.70 in February 2024.
12 Apr
Global goods trade is expected to pick up gradually this year following a contraction in 2023 that was driven by the lingering effects of high energy prices and inflation, experts and economists have revealed in a new forecast.
11 Apr
Tokyo stocks opened lower on Thursday after hotter-than-expected US inflation data drove down Wall Street shares, while the yen briefly hit a 34-year low.
5 Apr
India's central bank kept interest rates unchanged for the seventh time in a row on Friday, with the world's fifth-largest economy seeing both lingering inflation risks and strong economic growth.
3 Apr
Last month’s purchasing manager index (PMI) showed no changes in business confidence, stagnating at 51 points at the end of the end of last month, the joint-lowest in the last four months.
1 Apr
As food inflation continues to worsen the purchasing power of the average Nigerian, it now costs Nigerians an average of N938 to have a single healthy diet.
29 Mar
What changed in the production and marketing chain to warrant such a quantum jump in price within 48 hours? Did money supply change within such a short time to justify that level of inflation? This is an abracadabra that is clearly beyond market force.
22 Mar
Global warming and heatwaves are expected to further increase food prices and overall inflation across the world in future, according to new research from scientists and the European Central Bank.
21 Mar
As the sun sets over the Bosphorus, a long queue forms on a street in Istanbul as people wait for iftar -- the evening meal that breaks Ramadan's daily fast.
19 Mar
The Institute of Chartered Accountants of Nigeria (ICAN) has urged the Federal Government to deploy both monetary and fiscal policies in addressing inflation rate in the country.
19 Mar
As inflation shaves off savings of many low and middle-income class Nigerians amid rising construction costs, homeownership plans are being deferred as untamed food prices continue to bite deeply into household incomes.
19 Mar
Inflation rate has been projected to reach 32.77 per cent this month.
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