Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Inflation seen easing further to 15.51% in July

BusinessDay’s economists project that Nigeria’s headline inflation will ease to 15.51 percent in July, dropping from the 15.91 percent recorded read more Inflation seen easing further to 15.51% in July

Inflation seen easing further to 15.51% in July

Nigeria's headline inflation is projected to ease to 15.51 percent in July, according to BusinessDay Nigeria's economists. This represents a drop from the 15.91 percent recorded previously.

Meanwhile, in Japan, core consumer inflation is expected to have accelerated in July. A Reuters poll of economists showed that the nationwide core consumer price index was expected to rise 1.8 percent in July from a year earlier. This is an increase from 1.6 percent in June.

Japan's annual wholesale inflation remained elevated at 7.2 percent year-on-year in July. The internal affairs ministry will announce CPI data on August 21.

Brief written by urgent.news from BusinessDay Nigeria, Investing.com — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at businessday.ng →

More in Finance & Markets

Petroleum levy collection hits record Rs1.57tr

• Cost of running civil govt rises 16pc, crosses Rs1tr for first time • Fiscal deficit shrinks to 2.6pc on the back of provincial surpluses, lower interest bill • Defence spending up 18pc; primary…

More from Friday 14 August →