Tag Archives: Nigeria inflation rate

The consumer price index which measures inflation increased by 16.47 per cent (year-on-year) in January 2021. This is the highest figure recorded in the country since April 2017. The National Bureau of Statistics disclosed this in its Consumer Price Inflation report for January on Tuesday. It stated that the figure …

The National Bureau of Statistics (NBS) at the weekend said the nation’s inflation rate had risen from 14.89 per cent in November, 2020 to 15.75 per cent in December. The new rate contained in the data titled “Consumer Price Index December 2020” and posted on NBS’ website represents the highest …

The National Bureau of Statistics, NBS, Consumer Price Index, CPI, says inflation has risen by 0.52 per cent to 14.23 per cent in October. The NBS report, which was released in Abuja on Monday, said that the CPI, which measures inflation, was higher than 13.71 per cent recorded in September. The …

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 …