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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...

Inflation Rate Hits 18.3%

Hopes that the country’s inflation rate would moderate as a result of the various intervention programmes of the government were dashed as the National Bureau of Statistics announced that the Consumer Price Index, which measures inflation rate, rose to a 94-month high of 18.3...

Inflation Climbs to 17.6 % in August 2016

The National Bureau of Statistics (NBS) has said that Consumer Price Index (CPI) which measures inflation has further climbed five notches as it hit 17.6 percent in August compared to 17.1 percent recorded in the month of July 2016. In its Consumer Price Index report...