Business Food Prices Surge As Nigeria's Inflation Rate Drops To 17.24 in April

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Nigeria's inflation rate fell again for the third consecutive month in April 2017 as food prices continue to surge.

Inflation in Africa’s most-populous nation slowed to 17.24 percent from 17.26 percent in March, the National Bureau of Statistics said on Tuesday.

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Consumer price index dropped by 0.02% year on year from 17.26% in March 2017 to 17.24% in April 2017 Month on month it dropped 0.12% to 1.60% in April 2017.


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