Tag: CPI
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Inflation rate in Nigeria increases to 20.77%
The headline inflation rate in Nigeria increased to 20.77 per cent in September 2022 on a year-on-year basis, according to the National Bureau of Statistics (NBS).
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Nigeria’s inflation rate increases to 19.64%
The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 19.64 per cent on a year-on-year basis in July.
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BREAKING: Nigeria’s inflation rate hits 5-year high at 18.60%
The National Bureau of Statistics (NBS) has announced headline inflation for the twelve months period ending June 2022 was 18.60%.
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Inflation rises to 12.13% in January
The National Bureau of Statistics (NBS) says the Consumer Price Index (CPI) which measures inflation increased by 12.13 per cent year-on-year in January 2020. The NBS made this known in its report on Inflation released on Tuesday. It stated that this increase was 0.15 per cent points higher than the rate recorded in December 2019,…