Tag: Inflation

Nigeria inflation don rise to 21.09%
Nigeria inflation don rise to 21.09%

National Bureau of Statistics don come out tok say Nigeria inflation rate don rise to twenty-one-point zero nine percent for October 2022. The Bureau still tok say food Inflation na twenty-three-point seven two percent in October 2022. The NBS tok this one for their Consumer Price Index report for October 2022. Consumer Price Index de measures the…

Nigeria’s inflation jumps to 15.63% in December – NBS
Nigeria’s inflation jumps to 15.63% in December – NBS

The National Bureau of Statistics says Nigeria’s annual inflation rate increased in December last year, after going down eight months earlier. Figures released by the NBS shows that the inflation rose to fifteen point six-three in December, 2021, from fifteen points four-zero in November of the same year. It says the increase is partly due to the…

Nigeria Consumer Price Index drops to 17.38 %
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.

NBS reports 14.23% inflation in October
NBS reports 14.23% inflation in October

The National Bureau of Statistics has announced that inflation rose to fourteen point two-three percent last month of October. In it Consumer Price Index Report of October 2020, the NBS said the new inflation increased by zero point five-two percent from thirteen point seven-one percent in September. The NBS report also noted that the food index increased…

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