Consumer price inflation reared its ugly head to start the year, dashing hopes for the Fed to lower borrowing costs anytime soon.

The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed, up ...

Discover the impact of high debts and interest rates on the global financial system, driving up gold prices and potential ...

A wider trade deficit as a result of an influx of imports is usually offset by a rise in inventories in the calculation of GDP. Trade and inventories are the most volatile components of GDP.

Adeyemi Adeniran has emphasised transparency, stating the GDP and CPI rebasing aligns with global standards, ensuring timely economic statistics. Statistician-General of the Federation (SGF)/Chief ...

BudgIT, the nonprofit organisation that uses technology to promote transparency and accountability in government spending, has emphasised that the independence of the NBS is crucial for this ...

“Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape. “This process is foundational to ...

The GDP price deflator is considered to be a more appropriate inflation measure for measuring economic growth than the consumer price index (CPI ... using the following formula: GDP = C + G ...

The Statistician General of the Federation, Prince Adeyemi Adeniran yesterday said the National Bureau of Statistics (NBS) is rebasing the Gross Domestic Product (GDP) and Consumer Price Index ...

The Country Director of BudgiT, Gabriel Okeowo, described the sensitisation workshop on rebasing Nigeria’s GDP and CPI as crucial to the nation’s economic planning. He said accurate data ...