ENBS has introduced new special CPI indices to enhance economic reporting and guide policymakers on inflation trends and ...
“The All-Items Index which is used to measure headline inflation for January 2025 was 110.7, resulting in a headline ...
The National Bureau of Statistics (NBS), yesterday, released the long-awaited rebased Consumer Price Index (CPI), reducing the weight ...
With the rebased inflation figure put at 24.48 per cent for January, a substantial decline from 34.8 per cent in December ...
Also, the Director-General of the Lagos Chamber Of Commerce And Industry, Dr Chinyere Almona noted that a rebased CPI provides a “clearer view of the economy” which considering the drop of headline ...
In view of stubborn food inflation and sticky inflation expectations in this regard, a rate cut demand seems misplaced ...
Retired-worker benefits can hit a psychologically important level next year, but seniors are still likely to get the short ...
4. Index Calculation: The current price of this basket is compared to its price in a base year to assess changes in price levels. The formula used for calculating annual CPI is: Annual CPI=(Value of ...
if CPI-W data shows that a basket of goods and services has gone up 2.5% on average during the year’s third quarter, you get a 2.5% Cost of Living Adjustment. Because of how this formula works ...
Social Security’s faulty COLA formula has led to benefits losing ... Index for Urban Wage Earners and Clerical Workers (CPI-W). The basket of goods and services these urban wage earners and ...