Sir, – The Government has declared its intention to meet major grocery retailers in an attempt to pressurise them to reduce the prices of essential foodstuffs. This is driven by reports showing a ...

Inflation refers to the rise in prices across the economy. But inflation can take many forms, and it has complex causes. For example, stagflation, which occurred in the 1970s, combines high inflation ...

Nigeria faces two primary forms of inflation: demand-pull and cost-push, which frequently occur simultaneously. Higher fuel and production costs contribute to rising prices, while spikes in consumer ...

Sir, – The headline “Shoppers optimistic as grocery prices fall” (News, April 30th) is misleading when it says that prices are falling. The article says that “The data . . . put grocery price ...

Inflation is the rate at which the general prices of goods and services rise over time, eroding the purchasing power of money. Simply put, inflation means each unit of currency buys fewer goods and ...

In simple terms, inflation refers to an increase in the price of goods and services over a period of time. To illustrate, if five chocolates cost Rs 10 in 2020 and if the price went up to Rs 15 in ...

Inflation is many things. It's the invisible thief of purchasing power, a distorting mirror for investment, and, occasionally, a necessary grease for the wheels of the economy to run. Once a dormant ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...

October’s retail inflation number is a record low, just 0.25%, in the current Consumer Price Index (CPI) series. October is also the ninth consecutive month in which headline inflation has stayed ...

Both retail and wholesale inflation numbers for the month of May are now out. Retail inflation as measured by Consumer Price Index (CPI) fell to 2.8%, a six-year low in the current series. Wholesale ...