Browsing: Inflation

Employment is down for the first time in seven months as Nigeria’s inflation rate hampered private sector growth

Investors who bought 364-day tenored Treasury bills at the Central Bank of Nigeria’s (CBN) primary market auction received a 50 basis point increase in the spot rate.

Local investors increased their bets on Nigerian Treasury bills in the secondary market ahead of the Central Bank of Nigeria’s primary market auction schedule to hold on Wednesday.

The U.S. consumer price index (CPI) which measures inflation rate, increased to 2.6% in October, according to data released today.  The consumer price index increased by 0.2% month over month and 2.6% from the year-earlier period, as expected.

Post election trading pattern saw the US dollar strengthening against its major trading partners in the forex markets early Tuesday ahead of the release of consumer sentiment reading, the first for November, and New York Federal Reserve’s inflation expectations report for October.

South African Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in September from 4,4% in August, statistics office

The International Monetary Fund (IMF), says global growth is projected to remain unchanged at 3.2 per cent in 2024 and 2025, as Inflation recedes.

In Ethiopia, consumer price index (CPI) has remained under pressure amidst government efforts to keep macroeconomic performance sturdy.

Centre for the Promotion of Private Enterprises (CPPE) says factors driving inflation dynamics have yet to be effectively subdued, hence the resurgence

The average yield on Nigerian Treasury bills inched higher by 83 basis points week on week to close at 23.2% in the secondary market due to sell pressure