By Peter OBIORA InvestAdvocate http://www.nigerianstat.gov.ng/pages/download/340 Lagos (INVESTADVOCATE)-Nigeria’s inflation rose 9.6 percent in the month of December 2015 on imported foods a 0.2 percent higher than what was recorded in November, according to the National Bureau of Statistics (NBS) latest report. NBS says apart from higher prices of imported food items […]
Tag: Inflation
Inflation Rose 8% Year-on-Year in Jan’ 14-NBS
In January, the Consumer Price Index (CPI) which measures inflation rose by 8.0 percent year-on-year. Growth rates have held relatively unchanged for the second consecutive month and continue to find support in the single digit range in line with trends exhibited in 2013. Food prices have risen at about the […]
Consumer Spending Propelled U.S. Fourth-Quarter Growth: Economy
Consumer spending that rose at the fastest pace in three years helped the U.S. economy grow at a 3.2 percent pace in the fourth quarter, overcoming government cutbacks and laying the foundation for a stronger expansion. The rate of growth in the world’s largest economy followed a 4.1 percent advance […]
