Tag: inflation rate
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Just in: Nigeria’s inflation rate rises to 12.2%, highest in 21 months
The National Bureau of Statistics on Tuesday said inflation rose by 12.20 percent year-on-year in February – highest inflation rate recorded by the economy in the last 21 months . The inflation rate of 12.2 percent, according to the bureau is 0.07 percentage points higher than the 12.13 percent recorded in January. The NBS said…
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Just in: Inflation rate drops for third consecutive month to 17.24%
National Bureau of Statistics on Tuesday said the Consumer Price Index which measures inflation dropped from 17.26 per cent in March to 17.24 per cent in the month of April. The NBS in the report stated that the 0.02 per cent points in inflation rate make it the third consecutive month of decline in the…