Uproar as Nigeria's Food Inflation crashes to 26% in NBS' rebased CPI report
The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased Consumer Price Index (CPI)
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
Nigeria’s inflation drops massively to 24.48% after CPI rebase
Nigeria’s inflation rate dropped massively to 24.48 percent in January 2024 from 34.80 percent in December last year after the rebased Consumer Price Index. The Statistician General, Prince Adeyemi Adeniran,
Inflation crashes! Nigeria’s CPI drops to 24.48% in stunning decline
By Kazeem UgbodagaNigeria’s inflation rate fell sharply to 24.48% in January 2025 from 34.80% recorded in December 2024, following the release of the rebased Consumer Price Index (CPI) by the National Bureau of Statistics (NBS).
Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung ...
Hot Jan US CPI surprise argues for Fed staying in neutral
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was ...
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Key takeaways from January's consumer price index report
The latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items ...
The price of eggs just hit an all-time high. Here’s how the cost of everyday consumer goods is changing under the Trump administration.
Using Consumer Price Index data, the Tribune is tracking 11 everyday costs for Americans and how they are changing under the ...
History shows January CPI readings are prone to coming in hotter than expected
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
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CPI rebasing could spark debt to equities shift —Experts
Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities.They noted that the adjustment, which reflects a new methodology for ...