Tag Archives: inflation

Khartoum, Sudan | AFP | Inflation in Sudan jumped to 99 percent because of rising food prices, official figures showed Saturday, more than a year after the country was rocked by protests sparked by bread price hikes. The inflation rate in April shot up from 82 percent the previous month due to increased prices of …

  Khartoum, Sudan | AFP | Sudan’s economy has sunk into a deep crisis since the overthrow of longtime autocrat Omar al-Bashir almost a year ago, risking collapse and social unrest in a country in transition. Mass protests erupted in Sudan in late 2018 against a government decision to triple bread …

Monrovia, Liberia | AFP |  Dominic Kpadeh heaves a hammer over his head to crack a half-tonne rock in a northern suburb of Liberia’s capital Monrovia, knowing his hard labour earns him far less than a year ago. Kpadeh and his colleagues used to go home with $1,000 (900 euros) a …

Harare, Zimbabwe | AFP | The United Nations on Thursday called for some $200 million in extra funding to help four million Zimbabweans unable to buy food due to drought and triple-digit inflation. The southern African country has been hit by a poor harvest and an entrenched economic crisis that has …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has forecast a likely rise in prices of goods and services in the months towards the general elections. According to BoU Governor Emmanuel Tumusiime-Mutebile, core inflation, which measures the increases in prices of goods and services less electricity, food and water, will peak …

Paris, France | AFP | IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels. The International Monetary Fund was going to be “attentive” to the consequences of the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s Annual Headline Inflation for January 2018 dropped to 3% from the 3.3% registered in December last year while Core Inflation fell to 2.6% from 3% , according to the latest figures provided by the Uganda Bureau of Statistics (UBOS). This is lower than …

Why the misery index has a role to play in assessing the state of an economy and success of policy COMMENT | KOICHI HAMADA | The United States, Europe, and Japan are all making positive economic strides. In the U.S, the unemployment rate is falling, and now stands at just over …

Washington, United States | AFP | Healthy retail sales in 2017 are another sign of the growing strength of the US economy, but inflation was slower than expected, according to the latest government data released Friday. This combination of solid economic growth and consumer spending, that has come with falling …

  Kampala, Uganda | JULIUS BUSINGE | Uganda’s annual headline inflation for the year ending September 2017 increased from 5.2% to 5.3% in the year ended August 2017, according to official numbers released by Uganda Bureau of Statistics (UBOS) on Sept.29. Officials said the increase was attributed to a rise in …