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Tag Archives: CPI

Nigeria’s Inflation Rate Increases to 13.71% in September

The National Bureau of Statistics (NBS) disclosed that the consumer price index, CPI, which measures inflation has increased by 13.71 percent (year-on-year) in September 2020. The NBS made the disclosure on its “CPI and Inflation Report September 2020,” on Thursday. According to the report, increases were recorded in all Classification …

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Nigeria’s Inflation Rate Hits 12.8% in July

Nigeria’s consumer price index (CPI) which measues inflation rate rose further to 12.82 per cent in July, representing 0.26 per cent increase from (12.56) percent recorded in June, 2020. According to the National Bureau of Statistics (NBS) on Monday, the latest CPI data is the highest in 27 months, as food prices …

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Nigeria’s Inflation Rate Increases to 12.56 in June

The Nigeria’s National Bureau of Statistics (NBS) Friday reported that the country’s consumer price index, (CPI) which measures inflation increased to 12.56 percent (year-on-year) in June 2020, representing 0.16 percent points higher than the rate recorded in May 2020 (12.40) percent. According to NBS, the increases were recorded in all …

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