Addis Ababa, November 4, 2026 (ENA)— Ethiopia’s newly completed Gross Domestic Product (GDP) rebasing will provide a stronger ...

Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%. This change has sparked discussions on ...

To start with, let’s unpack what rebasing is – and what it is not – and then put this statistical exercise in the context of the changes that economies go through. First things first. What is the GDP ...

The magic word in town is “rebasing”. This economic sleight of hand is suddenly transforming otherwise poor, backward countries into middle-income, economic success stories – on paper. This ...

The National Bureau of Statistics has begun the process of rebasing Nigeria’s Gross Domestic Product and Consumer Prices Index estimates, according to Statistician-General of the Federation and NBS ...

What is inflation rate rebasing and how is it done? Inflation rate rebasing follows a structured approach led by the National Bureau of Statistics to improve the accuracy of inflation measurements.

Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80% to 24.48%. This change has sparked discussions on ...