BREAKING: Nigeria’s Inflation Rises to 32.70% in September, Food Prices Surge
Nigeria’s headline inflation rate rose to 32.70% in September 2024, following two consecutive months of decline in July and August, according to the latest Consumer Price Index report from the National Bureau of Statistics. This marks a 0.55% increase from August’s figure of 32.15%, signaling persistent price pressures across the country. Year-on-year, inflation surged by […]
Germany to hike pensions nationwide by 4.57%
The more than 21 million pensioners in Germany would receive a substantial 4.57 per cent pension increase beginning on July 1, after the German Cabinet approved the adjustment on Wednesday in Berlin. With this increase, pensions are set to rise faster than inflation in the country. The pension increase would apply equally to the entire […]
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 ofStatistic (NBS) on Monday.The CPI measures the rate of change in prices of goods and services.“In June 2023, the headline inflation rate rose to 22.79% relative to […]
