The National Bureau of Statistics on Friday released the Consumer Price Index which measures inflation with the rate rising from 11.14 per cent in July to 11.23 per cent in August.
The bureau in the report which was made available to our correspondent stated that …
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The National Bureau of Statistics, NBS, says the Consumer Price Index, CPI, which measures inflation level in the economy, has again slowed – this time by 0.99 per cent points which is the biggest drop in 11 months stretching between March 2017 to March 2018.
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Nigerian inflation accelerated to the highest rate in almost 11 years in July, complicating the task of the central bank in an economy which is at risk of contracting this year.
The inflation rate in Africa’s largest economy increased to 17.1% in July from 16.5 percent in June and 15.6 in May...
economy of nigeria
nbs second quarter report
Nigeria's annual consumer inflation rate in February rose to 11.4 percent, 176 basis points higher than in January, to near a three-and-a-half year high, data from the National Bureau of Statistics (NBS) revealed.
Food prices, which account for the bulk of the inflation basket, climbed by 11.3...
national bureau of statistics