(Credit: Bombaert/iStock by Getty Images) September 16, 2024/IMFBlog By Era Dabla-Norris, Enrico Di Gregorio, and Yongquan Cao Conservative politics has traditionally been defined by its emphasis on fiscal prudence and the idea of a small state. While parties leaning left are usually associated with more spending and a larger presence of […]
OPINION/EDITORIAL
Headline Inflation Slowed by 125Bps to 32.15% Y/Y in August 2024
September 16, 2024/Cordros Update Nigeria’s headline inflation eased for the second consecutive month by 125bps to 32.15% y/y (July: 33.40% y/y). The outturn is 9ps lower than Cordros’ estimate (32.24% y/y). On a month-on-month basis, headline inflation slowed by 6bps to 2.22% (July: 2.28% m/m). Food inflation moderated by 201bps […]
Oil Prices Lifted by Ongoing Supply Disruptions
September 13, 2024/Oilprice.com Michael Kern, Editor, Oilprice.com Crude prices recovered on Friday, breaking the four-week losing streak in oil, with WTI rising to $70 per barrel. Friday, September 13th, 2024 Hurricane Francine helped oil prices edge higher after bearish sentiment overtook the market, taking off some 700,000 b/d of oil […]
