Tag Archives: Inflation rate

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 this year. It reads in …

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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 in March, 2017. “This is …

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