South Africa on-year from 3.5% in July (ZACPIY=ECI), opens new tab, statistics agency data showed on Wednesday. Economists polled by Reuters had predicted annual inflation would edge up to 3.6%, still comfortably within the central bank’s 3%-6% target range. Well-contained inflation has
Malawi Weary Malawians look to this week’s presidential election as nation grapples with an economic crisis Malawi is holding a presidential election this week as one of Africa’s poorer countries grapples with an economic crisis, food and fuel shortages — and memories of a vote six years ago that was canceled and a redo ordered […]
Ghana Ghana’s annual inflation rate slowed for the eighth month in a row in August, reaching its lowest level since October 2021, the government statistics service said on Wednesday. Good news for Ghana, where inflation continued to decline in August for the eighth consecutive month. It now stands at 11.5 percent year-on-year, down from 12.1 […]
Nigeria The Co-Chairman, Interfaith Coalition Conference, Engr. Daniel Kadzai, has lauded the federal government led by President Bala Amed Tinubu, for working hard to stabilize the economy which has recorded a significant drop in the inflation rate of the Country. Kadzai, who is also a former Youth President Christian Association of Nigeria (CAN), highlighted
Nigeria Egypt’s urban inflation rate fell to 13.9% in July, down from 14.9% in June, signaling a modest improvement in the country’s economic conditions. The monthly inflation rate also saw a more pronounced decline, dropping to -0.6% compared to -0.1% in the previous month, indicating a broader reduction in prices. The Central Agency for Public […]