UK Grocery Inflation Hits 14-Month High, Squeezing Household Budgets
Prices Rise at Fastest Pace Since February 2023British grocery inflation accelerated to 4.1% in the four weeks to May 18, marking its highest level in over a year, according to…
Inflation
Peter Obi Demands Urgent Measures to Address Economic Crisis
Peter Obi, the 2023 Labour Party Presidential Candidate, has called for urgent action to address Nigeria’s ongoing economic crisis. In a series of tweets on Monday via X, Obi expressed…
UK Inflation Steady at 2.0 Percent in June
Britain’s inflation rate remained steady in June, holding at 2.0 percent, the same level as in May, according to official data from the Office for National Statistics (ONS) released on…
How To Manage Finances During Inflation
Managing finances during inflation requires careful planning and strategic decisions to mitigate its impact on your savings and investments. Here are some practical tips: By proactively managing your finances with…
Nigeria’s Inflation Rate Reaches 34.19% Amid Soaring Food Prices
Nigeria’s inflation has surged to a new high, reaching 34.19% in June 2024, according to the latest data from the National Bureau of Statistics (NBS). This marks an increase of…
Nigeria’s inflation rate its 24.08% amid forex scarcity
Amid shortage of foreign exchange, Nigeria’s inflation rate rose to 24.08% in July 2023, the highest in years. The July 2023 rate showed an increase of 1.29% points when compared…
Nigeria’s inflation rate rises to 22.79%
Nigeria’s Consumer Price Index (CPI) rose to 22.79% in June from the 22.41% recoded in May 2023. This is according to the latest CPI report released by the National Bureau…
Nigeria’s inflation rate rises to 22.22%
The Nigerian Bureau of Statistics has revealed that the country’s inflation rate for the month of April has hit 22.22% surpassing last month’s rate of 22.04% This latest data was…
South Africa Inflation Soars as Food Prices Increase
Inflation in South Africa edged higher in March with food prices recording the highest year-on-year jump in more than a decade, official figures showed Wednesday. Inflation for food and non-alcoholic…
UK Inflation Rate Stays Above 10% as Food Prices Increase
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes.…