Browsing: Inflation

UK annual inflation rate rose in July for the first time this year and is now back above the Bank of England’s target, official data showed on Wednesday.

In support of its goals, the federal open market committee (FOMC) decided to maintain the target range for the federal funds rate at 5¼ to 5½ percent.

The Central Bank of Nigeria (CBN) has been advised not to raise interest rates too quickly because doing so could have a domino effect

Headline inflation accelerated to 31.70% in February 2024, according to the Nigeria Bureau of Statistics (NBS) consumer price index report.

The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent.

Nigeria’s running inflation rate has accelerated to 29.90%, according to data from statistics office posted on Thursday. The National Bureau of Statistics (NBS)

The Association of Table Water Producers (ATWAP) says it will shut down and suspend production in all water producing factories in Enugu State due to unbearable

The annual inflation rate in Rwanda fell for the fourth straight month to 3.1% in January 2024 from 6.4% in December 2023.

It was the lowest inflation rate

The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92 per cent to 21.4 per cent in 2024.

The World Bank declared in its latest Food Security Update report on Tuesday that available data on food prices showed high inflation in low, middle and high