{"id":27312,"date":"2019-04-17T10:10:36","date_gmt":"2019-04-17T10:10:36","guid":{"rendered":"http:\/\/fdcng.com\/?p=27312"},"modified":"2019-04-17T10:12:00","modified_gmt":"2019-04-17T10:12:00","slug":"fdc-economic-bulletin-april-16-2019-re-headline-inflation-continued-on-its-downward-trend-to-11-25-in-march","status":"publish","type":"post","link":"https:\/\/fdcng.com\/fdc-economic-bulletin-april-16-2019-re-headline-inflation-continued-on-its-downward-trend-to-11-25-in-march\/","title":{"rendered":"FDC ECONOMIC BULLETIN &#8211; APRIL 16, 2019 (Re: Headline inflation continued on its downward trend to 11.25% in March)"},"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\/2019\/04\/FDC-Economic-Bulletin-April-16-2019.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 dipped for the 3<sup>rd<\/sup>\u00a0consecutive month to 11.25% in March. This brings the average inflation in Q1\u201919 to 11.31%.\u00a0 Interestingly, all the sub-indices, except for the month-on-month inflation, declined. The sustained moderation in the price level can be partly attributed to a stable exchange rate, money market illiquidity and an improvement in power supply.<\/p>\n<p>Month-on-month inflation (a better reflection of current prices and inflation expectations) increased by 0.06% to 0.79% (9.84% annualized). This shows that inflationary pressures are mounting, and a reversal in the headline inflation trend in the months ahead is imminent.<\/p>\n<p>At the next MPC meeting, we expect the committee\u2019s decisions to be premised on inflation expectations rather than historical data.<\/p>\n<p>In the attached\u00a0bulletin, the FDC Think-Tank analyses the inflation for March and its impact on the economy and policy-making in Q2.<\/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 dipped for the 3rd\u00a0consecutive month to 11.25% in March. This brings the&#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\/27312"}],"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=27312"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/27312\/revisions"}],"predecessor-version":[{"id":27313,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/27312\/revisions\/27313"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=27312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=27312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=27312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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