Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September mainly due to higher food prices, official data showed on Friday. I

Inflation grew again in October, leading some to wonder about the merits of borrowing from their home equity now.

Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last month and 2.4% in the 12 months through October, an uptick from the rate in September,

Nigeria's inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70% in September, data from the statistics agency showed on Friday. Inflation quicke

Key Takeaways The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October.That was the highest level in three months and above analysts' expectations.Economists don’t expect the higher inflation data to derail an expected December interest rate cut by the Federal Reserve,

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.