Zimbabwe has started selling gold coins to the general population in a bid to rein in the country’s rampant inflation, which has further depreciated the weak…
Browsing: inflation
President of Kenya, Uhuru Kenyatta on Thursday increased the country’s fuel subsidy funding by 16.68 billion shillings (141 million U.S. dollars) to stem rising inflation, his…
If inflation rate continues to rise, then interest rates are expected to climb further.
Nigeria’s National Bureau of Statistics, on Tuesday, reported that the country had experienced a 0.1 percentage point rise in inflation to 15.7% in February due to…
Sudan’s Central Bureau of Statistics on Sunday said the country’s headline inflation rate increased from 163.26% in 2020 to 359.09% in 2021. The annual inflation rate…
The annual inflation rate for urban consumer prices in Egypt increased to 5.9% from 5.6% in November, the country’s state statistics agency, Central Agency for Public…
Official data on Wednesday showed that South Africa’s headline consumer price inflation rose to a 30-month high in May, driven by surging food and fuel prices.…
Kenya’s inflation recorded a slight increase in May. It increased from 5.76% in April to 5.87% in May 2021 following a hike in the cost of…
Kenya’s annual inflation has risen to 5.9% in March. This is the highest rate in 10 months, from 5.8% in February. The inflation rate maintained an…
Zambia Statistics Agency, in its latest report, says the country’s inflation accelerated by 1.8 percentage points in December from the previous month. The annual inflation rose…