Tag: Inflation Rate
UK Inflation Holds Steady at 4% in January Despite Economic Uncertainty
The UK's inflation remained unchanged at 4% in January, defying economists' forecasts of a slight increase to 4.2%. The unexpected reading has raised the possibility[more...]
Nigeria’s Inflation Rate Hits 28.92% in December: Highest in 21 Years
Nigeria's Inflation Hits 21-Year High: What's Behind the Surge? Nigeria's Consumer Price Index data for December 2023, released by the National Bureau of Statistics, has[more...]
Understanding Nigeria’s Rising Inflation Rate: Causes and Implications
In a recent report by the National Bureau of Statistics (NBS), Nigeria's annual inflation rate has taken a concerning turn, rising to 27.33% in October[more...]
KPMG Predicts 30% Inflation Rate in Nigeria by December 2023: Implications and Solutions
In a recent macroeconomic review for the first half of 2023 and an outlook for the second half (H2), global financial advisory service firm KPMG[more...]
Nigeria’s Inflation Rate Projected to Reach 30% by December 2023: Stears Unveils Pan-African Inflation Forecasts
In a concerning revelation, Stears, a renowned data-driven insights provider, has recently unveiled its Pan-African inflation forecasts, indicating that Nigeria's inflation rate could surge to[more...]