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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 — it may contain errors, so check the original before relying on it.

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