Tag
INFLATION
Nigeria's historical consumer price index which shows our inflation rate from 2003 till date. The data is updated monthly.
A data recently released from CPI shows that Nigeria’s inflation increase rose to 26.72%, a 0.92%-point rise from the previous month.
Ghana's inflation rate dropped to a 12-month low reaching 38.1% for September.
IMF has called on governments around the world to take more meaningful steps to rein in public spending and raise revenues or risk hindering central banks’ efforts to tame inflation.
This surge in inflation marks the fourth consecutive month of record highs, as reported on the central bank website, which has data dating back to 2000.
The Bank of Ghana is set to conclude its series of interest rate hikes today, September 25th amid a decrease in inflation within its economy.
The Central Bank of Nigeria should pause interest rate hikes to relieve the pressures on the supply side affecting inflation.
Nairametrics takes a look at the ten most expensive states in Nigeria based on the August Food Inflation and All Items Inflation rates.
Nigeria’s headline inflation rate for August 2023, rose to 25.80%, marking an increase from the July 2023 rate of 24.08%.
NBS reported that in July, prices of certain food items, including beef, tomatoes, beans, and yams, saw increases.
Ghana’s headline inflation rate reduced by 40.1% in August, reaching a 10-month low to ease pressure on the central bank
LCCI has called on the Federal Government to adopt more prudent fiscal policy measures to effectively manage inflation.
The National Bureau of Statistics (NBS) released Nigeria's consumer price index (CPI) report for July 2023, revealing a startling surge in the inflation rate to a new record high of 24.08%, surpassing the 22.79% recorded in the prior month.