inflation

Bismarck Rewane Doubts Rebased CPI, Says Inflation Can’t Fall By 10% So Quickly

Bismarck Rewane Doubts Rebased CPI, Says Inflation Can’t Fall By 10% So Quickly

The recent adjustment to Nigeria's official inflation figures is generating debate about the consequences of the exercise and its impact… Read More

2 months ago

Six Signs That the Argentine Peso Is Appreciating Strongly

In 2024, the Argentine peso defied expectations by strengthening over 40% in real terms, making it the best-performing currency globally.… Read More

2 months ago

NBS’s GDP and CPI Rebasing: Experts Question Integrity and Methodology

The Nigerian Bureau of Statistics (NBS) has initiated GDP and CPI rebasing, which "Global Business Report" on Arise News scrutinized.… Read More

3 months ago

Agriculture: Nigeria’s Economic Anchor Faces Stormy Waters Amid Macroeconomic Uncertain

In the policy narrative of Nigeria’s economy, agriculture has long been portrayed as its unshakable mainstay. Employing a significant portion… Read More

5 months ago

Pound Falls as UK Inflation Hits Three-Year Low

The British pound fell 0.6% against the US dollar, reaching $1.30 on Wednesday after UK inflation came in lower than… Read More

6 months ago

Naira Devaluation Makes Nigerian Exports Most Competitive in 20 Years- World Bank Economist

World bank’s chief economist, Indermit Gill at a meeting with the National Economic Summit Group (NESG) on praised the current… Read More

6 months ago

Nigeria’s Money Supply Reaches Record ₦106 Trillion Amid Inflation Concerns

In July 2024, Nigeria's money supply reached a historic high of ₦106.27 trillion, marking a 62.66 per cent increase from… Read More

8 months ago

Food prices skyrocketed in June 2024, beans up 252%, tomatoes surge 320% – NBS

The National Bureau of Statistics (NBS) has released its June 2024 Selected Food Price Watch Report, highlighting substantial year-on-year increases… Read More

9 months ago

Canada sees inflation dip to 2.7%, central bank rate cut expected next week

Key Points Canada's annual inflation rate slowed to 2.7 per cent year-on-year in June. This follows an unexpected surge to… Read More

9 months ago

Nigeria’s inflation hits 34.19% in June, food inflation surges to 40.87%

Key Points Headline inflation increased to 34.19% in June 2024 from 33.95% in May 2024, marking a 0.24% month-on-month rise.… Read More

9 months ago

Expert advocates federal-state collaboration to tackle food crisis in Nigeria

Key Points Food Crisis: Nigeria faces a persistent food crisis, with rising inflation putting a strain on the population. Collaboration… Read More

10 months ago

Air travel costs up by 19%, intercity bus fares skyrocket by 78% year-on-year – NBS

The National Bureau of Statistics (NBS) has released its Transport Fare Watch report for April 2024, detailing the cost trends… Read More

11 months ago