Africa

Economic news, CPI, monetary policy, GDP, and market developments across African nations.

Nigeria Inflation Stays Elevated at 28.7% as Central Bank Holds Rate at 26.25%

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Nigeria CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Inflation hit 28.7% in June 2026, according to the National Bureau of Statistics (NBS), July 2026. The Central Bank of Nigeria held its benchmark rate at 26.25% (MPR), with its next decision scheduled for 22 July 2026, per the CBN. GDP … Read more

South Africa Inflation Eases to 4.6% in May 2026 as Central Bank Holds Rate at 7.75%

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South Africa CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Inflation at 4.6% in May 2026, according to StatsSA Central bank repo rate remains at 7.75%, next decision 11 July 2026 GDP grew 0.3% in Q1 2026 quarterly, StatsSA reports Unemployment stands at 32.9% as of Q1 2026, per StatsSA … Read more