The Consumer Price Index (CPI) which measures the rate of change in the prices of goods and services increased by 0.61 per cent to 27.33 per cent in October compared to 26.72 per cent in the preceding month, the National Bureau of Statistics (NBS) stated yesterday. However, reacting to the ...

By Nicholas Cecil Three quarters of people in Britain say that it is becoming a worse place to live, a poll revealed on Monday amid long NHS waiting lists, rising taxes, strikes and high inflation deepening the cost-of-living crisis. The Ipsos survey for the Standard made grisly reading ...

By Elizabeth Adegbesan Investment analysts have predicted that headline inflation rate will rise above 23 percent on account of recent government policies including removal of fuel subsidy and naira depreciation in the forex market. Meanwhile, the National Bureau of Statistics, NBS, Consumer ...

Ochogwu Sunday Since President Bola Tinubu announced the abolition of the fuel subsidy regime on Monday, May 29, 2023, the country has been in a state of turmoil as citizens grapple with the astronomical hike in the price of petroleum products and its attendant consequences. Petroleum ...

UK inflation increased unexpectedly to 10.4 per cent in February, marking the first time inflation has increased in the past four months, according to the Office for National Statistics. The increase in the rate of inflation came as a surprise to most economists, who were predicting that the ...

•Highest in Bauchi, Kogi, Anambra, others James Emejo in Abuja The Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities increased by 5.72 per cent to 21.34 per cent year on year in December compared to 15.63 per cent in December 2021, the National ...