{"id":25928,"date":"2017-05-04T07:47:31","date_gmt":"2017-05-04T07:47:31","guid":{"rendered":"http:\/\/fdcng.com\/?p=25928"},"modified":"2017-05-04T07:47:31","modified_gmt":"2017-05-04T07:47:31","slug":"fdc-economic-bulletin-may-03-2017-re-headline-inflation-to-dip-to-16-8","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-may-03-2017-re-headline-inflation-to-dip-to-16-8\/","title":{"rendered":"FDC ECONOMIC BULLETIN &#8211; MAY 03, 2017 (Re: Headline inflation to dip to 16.8%)"},"content":{"rendered":"<p>[vc_row][vc_column]<div class=\"gem-button-container gem-button-position-inline\"><a class=\"gem-button gem-button-size-small gem-button-style-flat gem-button-text-weight-normal\" style=\"border-radius: 3px;background-color: #ddbd89;color: #ffffff;\" onmouseleave=\"this.style.backgroundColor='#ddbd89';this.style.color='#ffffff';\" onmouseenter=\"this.style.backgroundColor='#ddccaa';this.style.color='#000000';\" href=\"http:\/\/fdcng.com\/wp-content\/uploads\/2017\/05\/FDC-Economic-Bulletin-May-03-2017.pdf\" target=\"_blank\">Download Pdf<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The headline inflation rate is expected to decline to 16.8% in April from 17.26% recorded in March. This is mainly attributable to waning base year effects and the positive impact of the CBN\u2019s injections into the forex market.<\/p>\n<p>A trending topic in the domestic markets is the potential review of the minimum wage rate by a more than 200% increase to N56, 000 from the current N18, 000. This is likely to have significant inflationary impact.<\/p>\n<p>However, an upside potential towards a moderate inflation trend will be a function of the continued aggressive intervention in the forex market by the CBN.<\/p>\n<p>In the attached\u00a0<wbr \/>bulletin, the FDC Think-Tank analyses price movements in April.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]The headline inflation rate is expected to decline to 16.8% in April from 17.26% recorded in March. This is mainly&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25928"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=25928"}],"version-history":[{"count":2,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25928\/revisions"}],"predecessor-version":[{"id":25930,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25928\/revisions\/25930"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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