Analysts expect inflation to moderate to around 25 to 27 per cent by the end of this year as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month.
The video is from CNBC Africa. The video is from CNBC Africa. The video is from CNBC Africa. The video is from CNBC Africa. The video is from CNBC Africa. The video is from CNBC Africa. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability. Abiodun Kayode-Alli, Economist and Tax Manager at PwC joins CNBC Africa for more on the country’s inflation trajectory and adjusted MPC schedule as markets await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month as the Monetary Policy Committee says it will continue with orthodox policies and price stability.
Theme: Analyzing Nigeria's Inflation Trajectory and MPC's Commitment to Orthodox Policies
Nigeria's economy has been grappling with high inflation rates, but there is hope on the horizon as analysts expect inflation to moderate to around 25 to 27 per cent by the end of this year. Abiodun Kayode-Alli, Economist and Tax Manager at PwC, recently joined CNBC Africa to discuss the country's inflation trajectory and the adjusted schedule of the Monetary Policy Committee (MPC). As markets eagerly await the National Bureau of Statistics to unveil the rebased GDP data by the end of this month, the focus remains on the MPC's commitment to maintaining orthodox policies and ensuring price stability. Kayode-Alli emphasized the importance of the MPC's role in controlling inflation and stabilizing the economy. With inflation hovering at alarming levels, the committee's decisions are crucial in guiding monetary policy and influencing market expectations. Despite the challenges posed by the pandemic and other macroeconomic factors, Kayode-Alli expressed optimism about the outlook for inflation, citing potential improvements in the coming months. One key theme that emerged from the discussion was the MPC's dedication to upholding orthodox policies. Kayode-Alli highlighted the committee's commitment to price stability and the importance of maintaining a consistent approach to monetary policy. By adhering to established guidelines and principles, the MPC aims to instill confidence in the market and promote sustainable economic growth. Key Points: 1. Inflation Trajectory: Kayode-Alli discussed the current inflation trajectory in Nigeria, noting the challenges posed by high inflation rates. He expressed optimism about the potential for inflation to moderate in the near future, citing positive indicators and market trends. 2. MPC's Likely Next Move: As markets await the MPC's next decision, Kayode-Alli emphasized the importance of the committee's role in guiding monetary policy. By focusing on orthodox policies and price stability, the MPC aims to support economic recovery and maintain a favorable business environment. 3. Rebased GDP Data: The upcoming release of rebased GDP data is expected to provide valuable insights into Nigeria's economic performance. Kayode-Alli underscored the significance of this data in assessing the country's growth trajectory and informing future policy decisions. In conclusion, Nigeria's inflation trajectory remains a key focus for policymakers and market participants. With the MPC poised to take action in the coming months, the country's economic prospects hinge on the committee's decisions and the resilience of the economy. As Nigeria navigates the challenges of high inflation and economic uncertainty, the path forward will be guided by a commitment to stability, growth, and prudent monetary policy.
"By focusing on orthodox policies and price stability, the MPC aims to support economic recovery and maintain a favorable business environment."
Nigeria, Inflation, Monetary Policy Committee, GDP, Economy, PwC, Kayode-Alli, Price Stability, Market Expectations