Tag: Inflation

  • How Surge In Headline Inflation Will Hurt Manufacturing, Economy

    How Surge In Headline Inflation Will Hurt Manufacturing, Economy

    Manufacturers have cried out that soaring headline inflation, which stood at 18.6 per cent last month, will lead to increase in cost of production input with negative trickle down effects on capacity utilisation, inventory and profitability of manufacturing firms, among other unsavoury implications for the sector and the economy. The Manufacturers Association of Nigeria (MAN)…