• Naira pressure may push Sept inflation to 18.4% – FSDH

    Naira pressure may push Sept inflation to 18.4% – FSDH

    According to reports, the continued pressure on the value of the naira could result in September inflation hitting 18.14 per cent from the 17.61 per cent recorded in August, analysts at First Security Discount House (FSDH) have predicted.

    The experts, in a note, said: “We expect the September 2016 inflation rate (year-on-year) to increase further to 18.14 per cent from 17.61 per cent recorded in the month of August 2016. Most of the divisions, which contribute to the headline inflation are […]