(Credit: JohnnyGreig/iStock by Getty Images) June 18, 2024/IMFBlog By Serpil Bouza, Marcello Miccoli, Borislava Mircheva Almost two-thirds of countries in the Middle East and Central Asia are exploring adopting a central bank digital currency as a way to promote financial inclusion and improve the efficiency of cross-border payments. Adopting a CBDC, however, […]
OPINION/EDITORIAL
May 2024 Inflation Report – Persistent Increases Amid Economic Challenges
June 19, 2024/InvestmentOne Report Please click to download our May 2024 Inflation Update The latest Consumer Price Index (CPI) report from the National Bureau of Statistics (NBS) indicates that inflation in Nigeria continued its upward trajectory in May 2024 for the 17th consecutive month. Headline inflation rose by 26bps to […]
Nigeria May 2024 CPI: Inflation to Slow to 33.90% in June
June 19, 2024/Cordros Report Based on the CPI and inflation report released by the National Bureau of Statistics (NBS), consumer prices maintained an upward trend for the 28th consecutive month in May 2024. Headline inflation rose by 26bps to 33.95% y/y in May (April: 33.69% y/y). Notably, the pace of […]
