Following a drop in the January inflation rate to a single digit of nine per cent, financial analysts have said the February inflation rate will inch up marginally to 9.1 per cent. The National Bureau of Statistics has not released the official figure for February yet. But analysts at Financial […]
Tag: inflation Rate
Single-digit inflation depends on monetary easing â€â€ÂAnalysts
Analysts and stakeholders have called for monetary easing by the Central Bank of Nigeria as the average inflation rate forecast for 2013 is in single digit, Ademola Alawiye writes Efforts by the Central Bank of Nigeria to attain a single-digit inflation rate finally came to pass last week as the […]
Nigeria Records 12% December Inflation Rate YoY-NBS Report
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Inflation Rate for December is 12 percent (12%). Recent data from the National Bureau of Statistics reports December headline inflation at 12.0% year on year (y-o-y), a 30bps decrease from the 12.3% y-on-y figure recorded in November 2012. Food inflation also eased to 10.2% y-on-y, a […]
