Tag: food inflation
Interest rate hike expected as food inflation feasts on household budgets
MON NOV 18 2024-theGBJournal| Naira volatility continues to complicate Nigeria’s economic landscape, adding uncertainty and challenges to the nation's financial stability.
Since the beginning of...
Nigeria’s inflation rises to 33.95% y/y in May 2024, Food inflation...
...Headline CPI (YoY): May's Headline CPI (YoY) was 33.95%, up from 33.69% in April.
...Core CPI (YoY): Core inflation, excluding volatile agricultural produce and energy...
Nigeria’s headline inflation skips to 33.69% y/y in April as food...
WED MAY 15 2024-theGBJournal|Nigeria’s headline inflation maintained its uptrend, rising by 49bps to 33.69% y/y in April (March: 33.20% y/y).
The outturn is 129bps and...
CBN allocates 2.15 million bags of fertiliser worth N100 billion to...
WED, MAR 13 2024-theGBJournal| The Central Bank of Nigeria (CBN) on Wednesday announced the allocation of 2.15 million bags of fertiliser, valued at over...
Nigeria’s inflation speeds up 98bps to 29.90% y/y in January
...MoM, food inflation increased to 3.21% in January 2024; 0.49% higher than 2.72% recorded in December 2023.
...MoM, core inflation printed at 2.24% in January...
Tomatoes, beans, rice, palm oil prices soar in September 2022 as...
SUN, 30 OCT, 2022-theGBJournal| Nigerian consumers are reeling from continued increases in food prices across the country, with cost of selected food items such...
Major rise in Nigeria food prices for July 2022, and supply...
MON, 22 AUG, 2022-theGBJournal| Food prices rose significantly in July, according to the National Bureau of Statistics (NBS) report- Selected Food Prices Watch for...
Nigeria’s inflation hits a 17-year high of 19.64% y/y in July
MON, 15 AUG, 2022-theGBJournal| Nigeria’s headline inflation rose by 105bps in July to 19.64% y/y (June: 18.60% y/y) – the highest print since September...
Nigeria’s headline inflation rises 90bps to 16.82% y/y in April, the...
MON, 16 MAY, 2022-theGBJournal | Nigeria’s headline inflation rose by 90bps in April to 16.82% y/y (March: 15.92% y/y) – the highest since August...
Inflation rises to 15.92% y-on-y in March as Nigeria’s cost of...
SAT 16 APRIL, 2022-theGBJournal | Latest inflation figures published by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rose to 15.92 percent...
