nd<\/sup>\u00a0consecutive monthly increase after 18 months of a steady decline. The major culprit in the price movement was food inflation which rose by 0.15% to 13.31%. Policy makers will be gratified that core inflation (less seasonalities) declined to 9.8%.<\/p>\nAlso comforting is the fact that month-on-month inflation declined. Therefore, the inflation data is a mixed bag of a slight increase in annual and a reduction in core inflation. This will make the decision of the monetary policy committee more dependent on the long awaited unemployment data due to be published on November 5.<\/p>\n
In the attached\u00a0bulletin, the FDC Think-Tank analyses the inflation data for September and its impact on economic policy and business environment.<\/p>\n
Do enjoy your read\u2026[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, Nigeria\u2019s headline inflation inched up by 0.05% to 11.28% in September. This is the 2nd\u00a0consecutive monthly increase after…<\/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\/26960"}],"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=26960"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26960\/revisions"}],"predecessor-version":[{"id":26961,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26960\/revisions\/26961"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}