Inflation

Nigeria’s headline inflation has again broken the band rising to 24.23 per cent in March, a 1.05 per cent increase from the previous month. According to the latest data released by the National Bureau of Statistics (NBS), the…

The National Bureau of Statistics (NBS) has reported Nigeria’s headline inflation rate increasing to to 32.70 per cent in September 2024. The Statistician-General of the Federation,…

The National Bureau of Statistics has said Nigeria’s headline inflation rate dropped to 33.2 percent in August 2024. It was 33.4 percent in July 2024. The NBS, in its Consumer Price Index report…

Nigeria’s headline inflation rate declined to 33.40 per cent in July, the National Bureau of Statistics (NBS) has reported. The figure is 0.8 per cent points lower than 34.19 per cent recorded in June.…

The Central Bank of Nigeria (CBN) has again raised the Monetary Policy Rate (MPR), which measures interest rates by 50 basis points, from 26.25% to 26.75% amid soaring inflation and skyrocketing food prices. CBN…

The World Bank has warned that the Central Bank of Nigeria's (CBN) monetary policy tightening may not have limited impact on curbing inflation. In its global economic prospects report released on Wednesday, the…

Nigeria’s inflation rate increased to 33.69 per cent  in April 2024, according to latest data released by the National Bureau of Statistics (NBS) on Wednesday. The surge in inflation has eroded the…

Argentina inflation seen cooling as Milei austerity tempers food prices Argentina's monthly inflation reading likely slowed to 15.3% in February, still painfully high but down sharply from a peak in December, as new…

Agency Report Despite claims by the Nigeria Bureau of Statistics that inflation has dropped in September, some consumers have expressed concern over the current high prices of foodstuff and cooking gas, urging the government to intensify…