Nigeria Consumer Price Index drops to 17.38 %

The Consumer Price Index, which measures inflation dropped further to 17.38 % in July 2021.

This is 1.37 points lower than the rate recorded in June 2021.

The National Bureau of Statistics disclosed this in its Consumer Price Index report for June.

Meanwhile, food inflation dropped to 21.0 from 21.8 recorded in the previous month.

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