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…
Browsing: inflation
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…
The Nigeria Bureau of Statistics (NBS) reports that in April 2024, the headline inflation rate increased by 0.49 percentage points to 33.69% from 33.20% in March…
Olayemi Cardoso, Governor of the Central Bank of Nigeria, has stated that the government’s massive purchases of foodstuffs as palliatives are adding to the country’s skyrocketing…
As Nigeria grapples with an unprecedented economic challenge, the specter of inflation looms large, casting long shadows over its economic landscape and the daily lives of…
February saw a rise in consumer inflation in South Africa for the second consecutive month, bringing it ever closer to the upper target set by the…