The National Bureau of Statistics (NBS) has reported that food shortages, insecurity, and rising prices have compelled Nigerian households to reduce their consumption. According to their…
Browsing: inflation
South Africa’s Rand weakened against the US Dollar on Monday as investors focus on local inflation data due later this week. The Rand traded at R17.6425…
Egyptian President Abdel Fattah al-Sisi cautioned on Sunday that the country may need to reconsider its IMF-backed economic reforms if mounting regional challenges continue to exert…
The Naira has depreciated significantly against the dollar in the foreign exchange market due to the inflation spike. According to FMDQ data, the Nigerian currency fell…
According to reports, Nigeria’s headline inflation rate eased to 32.15% in August 2024, down from 33.40% in July, marking a decrease of 1.25 percentage points. The…
According to the Ugandan Bureau of Statistics (UBS), Uganda’s inflation for August stood at 3.5%, down from 4% recorded in the previous month.UBS reports that the…
South Africa’s inflation rate has dropped to its lowest level in three years, according to official data released on Wednesday. The country’s annual consumer price inflation…
PricewaterhouseCoopers, also known as PwC, a consulting firm, has predicted a slight decrease in Nigeria’s inflation to 29.5% by the end of this year from 33.95%…
The Nigerian National Petroleum Company (NNPC) Limited says it did not inflate petrol subsidy claims by N3.3 trillion. Reports had claimed that investigation revealed discrepancies in NNPC’s petrol…
The National Bureau of Statistics (NBS) has reported that the retail cost of refilling a 5kg cylinder of liquefied petroleum gas (LPG) commonly known as cooking…