Our reporter/ The consumer price index (CPI), which measures the rate of change in prices of goods and services, surged to 21.82 percent in January 2023, up from 21.34 percent…
Read More Nigeria’s inflation rate rises to 21.82%
Tag: #Consumer Price Index
Soaring food prices pushes Nigeria’s inflation rate to 21.09%
Our reporter| Nigeria’s inflation rate rose to 21.09 percent in October 2022, up from 20.77 percent in the previous month. According to the National Bureau of Statistics (NBS) report released…
Read More Soaring food prices pushes Nigeria’s inflation rate to 21.09%
Nigeria’s inflation rate drops to 16.63%
By our reporter/ The Consumer Price Index, (CPI) which measures inflation increased by 16.63 per cent (year-on-year) in September 2021. This is 0.38 per cent points lower than the rate…
Read More Nigeria’s inflation rate drops to 16.63%