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Inflation Rate Drops to 11.14% in July

Inflation Rate Drops to 11.14% in July For the 18th consecutive month, inflation rate has continued a downward trend, declining from 11.23 per cent in June to 11.14 per cent (year-on-year) in July 2018. The latest report made public by the National Bureau of Statistics (NBS)...

Inflation Rate Drops to 12.48%

 Inflation Rate Drops to 12.48% The Consumer Price Index (CPI) which measures inflation increased by 12.48 percent (year-on-year) in April 2018 which translates to 0.86 percent points less than the rate recorded in March 2018 (13.34) percent and represents the fifteenth consecutive disinflation since January...

Nigeria’s Inflation Now 13.34% in March – NBS

Nigeria’s Inflation Now 13.34% in March – NBS Nigeria’s inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS) disclosed in its CPI report just released and made...

 January Inflation Rate stands at 15.13%

 January Inflation Rate stands at 15.13% The Consumer Price Index (CPI) which measures inflation started the year 2018 increasing by 15.13 percent (year-on-year) in January 2018. This was 0.24 percent points lower than the rate recorded in December (15.37 percent) making it the twelfth consecutive...

Inflation Decreases To 16.01% In August- NBS

The National Bureau of Statistics has released the Consumer Price Index (CPI) report, which measures inflation, with the rate dropping year-on-year from 16.05 per cent in July to 16.01 per cent in August. The bureau, in the report, which was made available to our correspondent,...

Inflation Rate Drops by 0.02% in April

The National Bureau of Statistics (NBS) has announced news Consumer Price Index (CPI) which measures inflation for April, 2017, showing 0.02 percent points lower from the rate recorded in March (17.26) percent. According to the NBS in a document release in Abuja on Tuesday, this...