{"id":26842,"date":"2018-08-16T11:56:05","date_gmt":"2018-08-16T11:56:05","guid":{"rendered":"http:\/\/fdcng.com\/?p=26842"},"modified":"2018-08-16T11:56:05","modified_gmt":"2018-08-16T11:56:05","slug":"fdc-economic-bulletin-august-15-2018-re-headline-inflation-slips-to-11-14-in-july-plateau-state-now-the-best-performing","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-august-15-2018-re-headline-inflation-slips-to-11-14-in-july-plateau-state-now-the-best-performing\/","title":{"rendered":"FDC ECONOMIC BULLETIN &#8211; AUGUST 15, 2018 (Re: Headline inflation slips to 11.14% in July &#8211; Plateau state now the best performing)"},"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\/2018\/08\/FDC-Economic-Bulletin-August-15-2018.pdf\" target=\"_blank\">DOWNLOAD PDF<\/a><\/div> [\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber,<\/p>\n<p>As widely anticipated, Nigeria\u2019s headline inflation slipped by 0.09% to 11.14% in July. This is the 18<sup>th<\/sup>\u00a0consecutive monthly decline and a 30-month low, driven mainly by a drop in food inflation. Whilst the 18-month trend continued, the rate of decline has slowed to a trifle, indicating a likely increase in August.<\/p>\n<p>Monthly-on-month inflation (a more current measure of price movement) declined to 1.13% (14.39% annualized). This figure is more reflective of harvest seasonality effect.<\/p>\n<p>The GDP numbers for Q2\u201918 are scheduled to be released on August 27. If the GDP numbers come in lower than expected and unemployment data shows a spike, the CBN may be forced to consider an accommodative stance as against a promised tightening.<\/p>\n<p>In the attached\u00a0bulletin, the FDC Think-Tank analyses the inflation numbers for July.<\/p>\n<p>Do enjoy your read&#8230;[\/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]Dear Subscriber, As widely anticipated, Nigeria\u2019s headline inflation slipped by 0.09% to 11.14% in July. This is the 18th\u00a0consecutive monthly&#8230;<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,35],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26842"}],"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=26842"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26842\/revisions"}],"predecessor-version":[{"id":26843,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26842\/revisions\/26843"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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