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The slowdown in inflation eases pressure on the central bank to increase interest rates.By Ruth OlurounbiBloombergPublished On 15 Dec 202115 Dec 2021Nigerian inflation slowed to a 12-month low in November, easing ...
World stock markets diverged on Wednesday before a US Federal Reserve interest rate decision, with London dipping on data showing that UK inflation spiked to its highest level for more ...
Brazil’s annual inflation rate hit an 18-year high of 10.74 percent in November, the government said Friday, although the monthly rate fell slightly, showing the central bank’s aggressive tightening cycle ...
In the United States, it’s the gas and Thanksgiving dinner and holiday toys. In the United Kingdom, it’s the energy costs and snacks and Uber fares. In Brazil, it’s the ...
British inflation spiked close to a ten-year high in October on increased energy bills and resurgent post-lockdown demand, data showed Wednesday, sparking talk of a pre-Christmas interest rate hike. The ...
Falling food prices led the move lower in Nigeria’s headline inflation rate.Nigeria continues to buck the global trend of rising prices, with consumer prices ticking lower for the seventh month ...
President Joe Biden declared fighting US inflation a “top priority” Wednesday after government data showed it reached a 30-year high last month, underscoring the continued threat to his presidency and ...
Lagos, Nigeria – Every morning, Esther George rises before dawn to prepare a cooler of rice and a large pot of beans, as well as yams and an assortment of ...
The Bank of England is widely expected to raise interest rates in order to combat rising inflation, a move that is likely to make mortgages and loans more costlyBy PAN ...
Eurozone inflation surged to a record rate this month as high energy prices jumped and supply woes bit, Eurostat said Friday, casting a cloud over the recovery from the coronavirus ...
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