January Inflation Rate stands at 15.13%
The Consumer Price Index (CPI) which measures inflation started the year 2018 increasing by 15.13 percent (year-on-year) in January 2018. This was 0.24 percent points lower than the rate recorded in December (15.37 percent) making it the twelfth consecutive...
As we browse towards the end of the year 2016, many Nigerians are not happy that the Federal Government’s promise of short term target of single digit inflation embedded in the 2016 budget has not been realized. The reasons are legion.
First among the several...
Currently, the inflationary rate has been 16.5 percent since June 2016, unemployment stood at 12.1 percent in March, 2016, with underemployment also being 19.1 percent in the same period. Adding these indicators together, the misery index of Nigerians stand at 47.7 per cent, and...