Egypt’s annual urban consumer price inflation rate unexpectedly climbed to 26.2% in August from 25.7% in July, according to data released by the Central Agency for Mobilization and Statistics (CAPMAS)…
CEM REPORT, MARKET| Nigeria is facing a growing food crisis, with the prices of staple foods like rice, beans, and garri becoming increasingly unaffordable for the average Nigerian. This surge…
CEM REPORT, ECONOMY| In a move aimed at taming soaring inflation, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate, known as the…
CEM REPORT, FOOD | Food prices are skyrocketing across Sub-Saharan Africa (SSA), with several countries experiencing double-digit inflation, according to a new report by the World Bank. This is putting…
CEM REPORT, AGROFOOD | In the wake of the new year, Nigeria finds itself grappling with a worrying trend: soaring food prices. The Food Price Watch report for January 2024…