inflation

The NESG-Stanbic IBTC Business Confidence Monitor (BCM) report has projected that Nigeria’s inflation rate will decline to 27.1% by December 2025, providing a glimmer of hope for businesses and consumers grappling with persistent economic challenges. This forecast reflects a cautious optimism about the gradual stabilization of Nigeria’s economy as structural reforms begin to take effect

Inflation in the US climbed more than anticipated, which rattled the crypto market. Bitcoin initially dropped to $94,000 but staged an unexpected recovery by rebounding to $98,000 before settling at $96,000. As discussions around “CPI” reached their highest level in 15 months, data suggest that this could very well be a classic case of “sell

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John F Hunt’s pre-tax profit declined after inflationary pressures saw the group's margin narrow from 6 to 4.4 per cent. The second-largest demolition specialist in the UK reported a £7.9m pre-tax profit in the year to 31 March 2024, which was down on the £9.5m profit from the previous year. In its latest group accounts

Synopsis The Reserve Bank of India is concerned about rising core inflation. Core inflation, excluding volatile items, rose to 3.8 percent in October. The central bank says rising costs are impacting consumers and businesses. The RBI's Monetary Policy Committee may consider this trend in its December meeting. The government is urging the RBI to cut

Key Takeaways: The U.S. consumer price index was up 2.7% year-over-year for November, above the Fed’s target of 2%. Markets currently expect a rate cut of 0.25 percentage point in the forthcoming meeting. The positive news on the CPI resulted in a crypto market where several tokens rose in price. US November CPI and Its

CPI REPORTThe Bureau of Labor Statistics has recently released new data indicating that prices increased by 5% over the course of the year ending in March. While this rate is slightly lower than the 6% reported in February, it is still a significant figure. Moreover, when compared to February, March saw a marginal increase in