Although the Nigerian economy has continued to achieve positive growth as it recovers from the negative impacts of the oil price shock and the 2016 recession, more remains to be done to achieve economic diversification. According to the country’s National Bureau of Statistics, the economy grew by…
Tag Archive for Inflation
Chanel’s Handbag Pricing Outpaces Rising Inflation Rates
In the last six years alone, Chanel handbags have increased in value by more than 70 percent, according to a new report by Baghunter. The French atelier’s pricing strategy appears to not be determined by inflation, but by factors such as increasing profitability and maintaining Chanel’s illustrio…