Nigeria’s inflation rate in 2013 continues to be below 10 percent for the fourth month in a role. According to the numbers coming from The National Bureau of Statistics (NBS), the 2013 April inflation rate stood at 9.1 per cent, much higher that of March 2013 which was 8.6 percent. […]
Tag: Inflation
Eurozone inflation falls to 3-year low in April
Falling inflation and high unemployment puts pressure on European Central Bank to cut rates Pressure is mounting on the European Central Bank to cut interest rates this week after figures Tuesday showed inflation in the euro area at a three-year low and unemployment at another record high. Expectations were already […]
ECB Poised to Cut Rates to Help Recession-hit Euro Zone
The European Central Bank is closer to lowering interest rates than at any time since it last cut them in July 2012 and is likely to shave a quarter-point off at its policy meeting next week. Senior sources involved in the deliberations say momentum is building for action to help […]
