In July, the Consumer Price Index (CPI) which measures inflation rose by 8.7 per cent (year-on-year). This was 0.3 percentage points higher than the 8.4 per cent rate recorded in June. While changes in the headline index have remained in single digits for the seventh consecutive month, prices edged higher […]
Tag: NBS
Cut Rate to Halt Further Economic Decline-Analysts
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Analysts at Afrinvest West Africa has called on the Monetary Policy Committee (MPC) to cut in the Monetary Policy Rate (MPR) in order to prevent the economy from further decline as revealed in the Gross Dometsic Product (GDP) figures. According to the Research Note from […]
