{"id":22878,"date":"2018-04-12T11:33:33","date_gmt":"2018-04-12T10:33:33","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=22878"},"modified":"2018-04-12T11:33:33","modified_gmt":"2018-04-12T10:33:33","slug":"inflation-rate-drops-13-34-march-nbs","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/inflation-rate-drops-13-34-march-nbs\/","title":{"rendered":"Inflation Rate Drops To 13.34% In March \u2014NBS"},"content":{"rendered":"

The National Bureau of Statistics on Thursday said the country\u2019s Consumer Price Index which measures inflation rose by 13.34 per cent (year-on-year) in March 2018.<\/p>\n

The bureau in the report said the 13.34 per cent rate for March is 0.99 percentage points less than the 14.33 per cent recorded in February.<\/p>\n

The report said this is the fourteenth consecutive months since January 2017 that the country would be experiencing slowdown in inflation.<\/p>\n

It reads in part, \u201cThe Consumer Price Index which measures inflation increased by 13.34 per cent (year-on-year) in March 2018.<\/p>

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Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

\u201cThis fourteenth consecutive disinflation since January 2017 is 0.99 percent points less than the rate recorded in February 2018 (14.33) per cent.<\/p>\n

\u201cThe Composite Food Index rose by 16.08 per cent (year on year) in March 2018, down from the rate recorded in February (17.59 percent).\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bureau of Statistics on Thursday said the country\u2019s Consumer Price Index which measures inflation rose by 13.34 per cent (year-on-year) in March 2018. The bureau in the report said the 13.34 per cent rate for March is 0.99 percentage points less than the 14.33 per cent recorded in February. The report said this …<\/p>\n","protected":false},"author":6,"featured_media":22881,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[1878],"coauthors":[2391],"class_list":["post-22878","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-inflation-rate"],"yoast_head":"\nInflation Rate Drops To 13.34% In March \u2014NBS - National Wire<\/title>\n<meta name=\"description\" content=\"The National Bureau of Statistics on Thursday said the country\u2019s Consumer Price Index which measures inflation rose by 13.34 per cent (year-on-year) in March 2018. 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