Tag: Inflation

Gold shed significant ground on Wednesday as war-driven inflation fears and a stronger dollar rattled investors and threatened a crucial price support. Spot gold slid 0.8% to $4,449.19 per ounce ...

Kenya's inflation rate surged to 6.7% in May 2026, its highest level in over two years, as relentless fuel price increases driven by Middle East geopolitical tensions rippled through the ...

Nigeria's headline inflation rate edged higher in April 2026, climbing to 15.69 percent from 15.38 percent in March, according to the Consumer Price Index report published on Friday by the ...

Nigerians are feeling a renewed squeeze on their wallets as headline inflation nudged upward to 15.38% in March 2026, according to the latest Consumer Price Index (CPI) report released by ...

American households woke up on Friday to the most alarming inflation report in nearly two years, as the Bureau of Labor Statistics confirmed what economists had long feared: the U.S.-Iran ...

Nigeria’s poverty rate has climbed to a staggering 63 percent in 2025, even as headline inflation has begun to moderate sharply. The disclosure comes in the latest Nigeria Development Update ...

The Central Bank of Nigeria (CBN) has signaled a firm "no-turning-back" stance on its aggressive monetary tightening path, reaffirming its mission to pull the nation’s inflation rate into the elusive ...

The International Monetary Fund (IMF) is closely watching the economic ripple effects of the escalating war involving Iran, officials stated on Thursday, though no nation has yet sought emergency funding ...

Nigeria's headline inflation rate recorded a marginal easing in February 2026, dropping to 15.06% year-on-year from 15.10% in January, according to the latest Consumer Price Index (CPI) report released by ...

Gold prices steadied on Wednesday, torn between rising inflation fears driven by surging oil prices and strong safe-haven demand as U.S.-Israeli strikes against Iran entered a second week with no ...