Record-breaking inflation in Egypt raises concerns over price stability and economic growth
Central Bank Urged to Raise Rates by 700 Basis Points Amidst Rising Inflation
April 2023 saw a marginal uptick in the headline inflation rate, with figures reaching 22.22% compared to the previous month’s rate of 22.04%. Although the increase...
The latest report from the Labor Department shows that inflation in the U.S. economy cooled in March, indicating that the Federal Reserve’s interest rate increases are...
The Sub-Saharan African region has been hit hard by high inflation rates and currency depreciation, with several countries experiencing significant losses in the value of their...
Nigeria’s inflation rate continues to upward trend in February as economic uncertainty amid a chronic cash crunch crippled economic activities. The Consumer Price Index (CPI), which...
The increasing inflation in Nigeria has multiplied the suffering of its citizens as 133 million Nigerians are currently living below the poverty line, the Lagos Chamber...
The NBS attributed the rise in inflation to disruptions in the supply of food products, increased import costs due to the naira's depreciation, and a general...
The cost of basic food items required for survival by an average Nigerian family rose by 17.5 percent to N48,130 in January 2023 from N40,980 in...
Prices of goods and services moderated slightly in December 2022 despite the usual Christmas hike in price expected to bolster Nigeria’s headline inflation. Consumer Price Index,...