Higher food prices push up October inflation – Analysts
NIGERIA'S inflation rate has been projected to rise for the third consecutive month in October, driven by continued increase in food prices, occasioned by herdsmen attack on farmers and recent episodes of flooding which undermine food supply across the country.
FSDH projects inflation rate decline to 13.49% in March
THE FSDH Merchant Bank has projected that March 2018 inflation rate would be around 13.49 percent, a 0.84 percentage point trend down from 14.33 percent recorded in February.
Inflation drops in Nigeria again
Annual inflation in Nigeria stood at 14.33 per cent in February, slowing for the 13th month in a row.
Ethiopia’s inflation jumps to 15.6% in Feb – bureau
Ethiopia’s year-on-year inflation rate jumped to 15.6 per cent in February from 13.4 per cent in previous month, the statistics agency said on Wednesday.
Inflation: Headline index may drop to 14.31% — FSDH
At the backdrop of the base effect of last year, the headline inflation rate for the month of February 2017 has been forecast to drop by 82 basis points (bps) to 14.31 percent from 15.13 percent recorded in January.
Inflation to remain high in 2018 — Rewane
Inflation in the country will generally remain high in 2018 – 2019 amidst likely currency adjustment and election spending, Managing Director, Financial Derivatives Company, FDC, Mr. Bismark Rewane, has said.
