By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Friday projected the growth of Japan to be 1.6 per cent (1.6%) in year 2013 end. This is coming on the heels of the annual Article IV discussions with the Japanese authorities. The IMF team said with Japan’s new policies […]
Tag: Inflation
South Africa Inflation Unchanged at 5.9% as Rand Weakens
South Africa’s inflation rate rose more than estimated in April as a decline in the value of the rand added to the cost of imports, reducing the chances of a cut in interest rates. Inflation was unchanged 5.9 percent from the previous month, Statistics South Africa said on its […]
Analysts predict inflation’ll remain below 9% in 2013
Financial analysts have said inflation rate will remain in single digit throughout 2013, pointing out that forecast projects the rate to be below nine per cent for the remaining period of the year. Analysts at FSDH Merchant Bank Limited, in a report made available to our correspondent on Tuesday, said, […]
