Tag: Nigeria’s consumer price index
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Nigeria’s inflation rate jump to 22.41% in May
Nigeria inflation rate jumped up to 22.41 percent in May 2023, according to Nigeria’s consumer price index (CPI), which measures the rate of change in prices of goods and services in the country. The inflation rate increased from 22.22 percent in the previous month to 22.41 percent.
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Inflation jumped to 11.28% in September – NBS
Nigeria’s consumer price index (CPI), otherwise known as inflation rate for goods and services, rose to the highest level since May, at 11.28 percent last September, the National Bureau of Statistic (NBS) has said. The statistics agency, in its latest CPI report published Tuesday in Abuja, said the new rate, a marginal increase of 0.05…