Nigeria’s headline inflation rate rose again to 28.9% y/y in December, as a weak naira continues to push up prices. Aggressive interest rate hikes are long overdue in order to bring inflation under...

Saudi Arabia’s headline inflation rate slowed from 1.7% y/y in November to 1.5% y/y in December, the weakest pace recorded since January 2022. And we expect inflation to continue to ease at the start...

While most of the recent pick-up in services inflation has been driven by just a handful of components, there’s been an upward shift in the distribution of price changes across the CPI basket. However...