Nigeria’s Inflation Rate Increases In Dec 2018 —NBS

The National Bureau of Statistics, says the Consumer Price Index which measured inflation increased to 11.44 per cent (year-on-year) in December 2018 from 11.28 per cent recorded in November 2018. The NBS disclosed this in its “CPI and Inflation Report’’ for December released in Abuja on Wednesday on its website.

Inflation Rises Slightly To 11.28%

The Consumer Price Index (CPI) which measures inflation increased by 0.05 percent to 11.28 percent (year-on-year) in September compared to 11.23 percent in the preceding month, the National Bureau of Statistics (NBS) has stated. According to the CPI report for September, released Tuesday by the statistical agency, increases were recorded in all the indicators which […]

Inflation Rate Drops To 13.34% In March —NBS

The National Bureau of Statistics on Thursday said the country’s 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 […]

Inflation rate drops for sixth consecutive time to 16.05%

The National Bureau of Statistics on Monday released the Consumer Price Index which measures inflation, with the index dropping marginally from 16.1 per cent in June to 16.05 per cent in the month of July. The bureau in the report said this is the sixth consecutive time that the index would be dropping since January […]

Inflation rate drops for the third consecutive month

After 15 months on the rise, the consumer price index (CPI) which measures inflation rate in the Nigerian economy has been on the decline, dropping for the third consecutive month. According to the National Bureau of Statistics (NBS), inflation rate dropped to 17.24 percent (year-on-year) in April, declining by 0.02 percent from the figures recorded […]