{"id":25962,"date":"2017-05-17T06:44:29","date_gmt":"2017-05-17T06:44:29","guid":{"rendered":"http:\/\/fdcng.com\/?p=25962"},"modified":"2017-05-17T06:44:29","modified_gmt":"2017-05-17T06:44:29","slug":"fdc-commodity-update-may-16-2017","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-commodity-update-may-16-2017\/","title":{"rendered":"FDC COMMODITY UPDATE &#8211; MAY 16, 2017"},"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\/Commodities-Update-May-16-2017.pdf\" target=\"_blank\">Download Pdf<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Oil recovered this week to $52pb from last week\u2019s low of $47pb. This was driven by the renewed confidence from Saudi Arabia and Russia to extend the output curb to March 2018.<\/p>\n<p>On the domestic front, headline inflation sustained a downward trend albeit a marginally to 17.24% in April from 17.26% in March. Food inflation however increased to 19.30% from 18.44% as the planting season intensifies. The good news is that the price of a bag of rice declined by 14% to N15, 000.<\/p>\n<p>The attached report summarizes the commodity price movements for this week.[\/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]Oil recovered this week to $52pb from last week\u2019s low of $47pb. This was driven by the renewed confidence from&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[18,110],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25962"}],"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=25962"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25962\/revisions"}],"predecessor-version":[{"id":25963,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/25962\/revisions\/25963"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=25962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=25962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=25962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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