Tag: 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 Inflation Forecast| What to expect from October data
...Consensus figure have CPI rising to 33.10% y/yin October 2024
SAT NOV 09 2024-theGBJournal| Nigeria's inflation rate is expected to rise when fresh figures from...
Air transport fares in Nigeria spikes in September amid inflationary pressures...
FRI OCT 25 2024-theGBJournal| Latest report by the National Bureau of Statistics (NBS) shows that cost of air travel in Nigeria is rising, reflecting...
Swiss Perspective| Q3 2024 – Uncertainty looms
...Interest rate changes significantly shape returns and asset allocation strategies. Cuts in rates have historically benefited equity markets and certain sectors
By Rebecca Ellis
SAT OCT...
Big Picture| Naira interest rates too high?
TUE SEPT 10 2024-theGBJournal| August saw a big rally in the Federal Government of Nigeria (FGN) bond and Treasury bill (T-bill) markets, with average...
Nigeria’s headline inflation cools sharply, easing by 80bps to 33.40% y/y...
...The outturn is 13ps and 10bps higher than Cordros’ (33.27% y/y) and Bloomberg’s median consensus (33.30%) estimates, respectively
...Food inflation moderated by 134bps to 39.53%...
Stubborn food inflation in Nigeria surges again, pushing headline inflation rate...
...Food inflation increased by 21bps to 40.87% y/y (May: 40.66% y/y).
...The Core inflation increased by 36bps to 27.40% y/y (May: 27.04% y/y).
MON JULY 15...
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...
Nigeria’s inflation surges to 33.20%, food prices witness a sharp rise,...
...Core inflation (All items less farm produce and energy) expanded by 77bps to 25.90% y/y (February: 25.13% y/y).
MON APRIL 15 2024-theGBJournal| Inflation rate in...