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Tag: INFLATION

A vibrant city skyline of Beirut with modern architecture reflecting economic growth and stability.
Business / economics

Lebanon Economic Monitor – Spring 2025: Turning the Tide?

June 20, 2025June 20, 2025 - by Sofia Nawab - Leave a Comment

Lebanon’s GDP is set to grow 4.7% in 2025, despite ongoing political fragility and financial crises. The latest World Bank Lebanon Economic Monitor explains recent revisions, predicting a 7.1% contraction …

Lebanon Economic Monitor – Spring 2025: Turning the Tide? Read More
Visual representation of inflation data with chart symbols and graphs, depicting rising costs in Nigeria's states.
economics

Borno State Tops List as Nigeria’s Most Expensive State in New NBS Report

June 18, 2025June 18, 2025 - by Liam Nguyen - Leave a Comment

Borno State has been identified as the most expensive in Nigeria as of May 2025, with an inflation rate of 38.9%. Niger, Plateau, and Abuja follow, reflecting significant food inflation …

Borno State Tops List as Nigeria’s Most Expensive State in New NBS Report Read More
Visual representation of fluctuating inflation rates with abstract graph elements and a cool color palette.
economics

Nigeria’s Consumer Inflation Drops to 22.97% in May

June 17, 2025June 17, 2025 - by Sofia Nawab - Leave a Comment

Nigeria’s consumer inflation fell to 22.97% in May from 23.71% in April, indicating a slight easing in high inflation. The statistics agency reports this decline, which, while modest, is significant …

Nigeria’s Consumer Inflation Drops to 22.97% in May Read More
A colorful abstract representation of economic data trends with rising and falling lines, symbolizing inflation dynamics.
economics

Colombia’s Inflation Rate Drops to 5.05% in May, Lower than Expected

June 10, 2025June 10, 2025 - by Marcus Chen - Leave a Comment

Colombia’s inflation rate for the past 12 months as of May hit 5.05%, lower than analyst expectations. The consumer price index saw a slight rise of 0.32%. Analysts have adjusted …

Colombia’s Inflation Rate Drops to 5.05% in May, Lower than Expected Read More
Colorful abstract representation of economic stability and growth, featuring geometric shapes and warm tones.
economics

Colombia Inflation Rate Hits Lowest Level Since 2021

June 10, 2025June 10, 2025 - by Marcus Chen - Leave a Comment

Colombia’s inflation rate fell to 5.05% in May 2025, the lowest since October 2021, driven by lower inflation in sectors like transportation and housing. The monthly rise in consumer prices …

Colombia Inflation Rate Hits Lowest Level Since 2021 Read More
A lush cocoa farm in Nigeria with vibrant green cocoa trees, depicting revitalization efforts in agriculture.
economics

Can the New Cocoa Board Help Revitalize Nigeria’s Cocoa Industry?

June 9, 2025June 9, 2025 - by Marcus Chen - Leave a Comment

Nigeria’s cocoa production has drastically decreased to 6% of global output, trailing competitors. A proposed National Cocoa Management Board (NCMB) aims to revitalize the industry by enhancing farmer support, ensuring …

Can the New Cocoa Board Help Revitalize Nigeria’s Cocoa Industry? Read More
A vibrant landscape of Kenya with a focus on currency notes and coins symbolizing economic stability and growth.
Business / Companies / economics

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances

June 8, 2025June 8, 2025 - by Carmen Mendez - Leave a Comment

Kenya’s foreign exchange reserves have surged to a historic $10.59 billion, boosted by robust remittances and a stable shilling. This increase, reported by the Central Bank of Kenya, represents a …

Kenya’s Forex Reserves Reach Historic High of $10.59 Billion, Driven by Remittances Read More
Vibrant cityscape of Harare showing investment potential and economic growth, with green colors symbolizing opportunity.
Business / economics

US Ambassador Decries Corruption as a Major Issue for Zimbabwe

June 6, 2025June 6, 2025 - by Carmen Mendez - Leave a Comment

US Ambassador Pamela Tremont has labeled corruption in Zimbabwe as a detrimental force that is hindering trade and investment. She highlighted a US$2 billion annual loss due to corrupt practices …

US Ambassador Decries Corruption as a Major Issue for Zimbabwe Read More
A serene view of a cityscape with empty playgrounds and quiet streets to symbolize demographic changes in Argentina.
Business / economics

Argentina Faces Historic Decline in Birth Rate Amid Demographic Shifts

June 5, 2025June 5, 2025 - by Sofia Nawab - Leave a Comment

Argentina’s birth rate has plummeted nearly 40% over the past decade, reaching a record low in 2023 with significant implications for the country’s demographics and future. Argentina is witnessing a …

Argentina Faces Historic Decline in Birth Rate Amid Demographic Shifts Read More
A darkened city skyline representing economic challenges and financial stress, depicted in somber colors.
Business / economics

Kenyans Feel Overwhelmed by Rising Taxes Amid Economic Struggles

June 3, 2025June 3, 2025 - by Sofia Nawab - Leave a Comment

Kenyans are facing significant tax hikes coupled with shrinking incomes, contributing to a growing discontent about the government’s fiscal management. Payroll taxes, excise taxes, and import taxes have all seen …

Kenyans Feel Overwhelmed by Rising Taxes Amid Economic Struggles Read More

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