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Tag: Inflation

Nigeria’s inflation rate drops to 16.01, progress recorded for seventh consecutive months

September 15, 2017Ekene Onyeama

The National Bureau of Statistics, NBS, on Friday said Nigeria’s inflation rate dropped from 16.05 per cent in July to 16.01 per cent in August. The NBS made this known in its Consumer Price Index, CPI, report which measures inflation. The development, the NBS noted, is the seventh consecutive month that the index would be […]

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inflation

Nigeria’s inflation drops to 16.05 % in July but food prices keep rising

August 28, 2017Ayo Olowo

The National Bureau of Statistics (NBS) says the country’s inflation as measured by Consumer Price Index (CPI), further dropped to 16.05 per cent in July from 16.10 per cent in June. The NBS disclosed this in its CPI July 2017 report released on Monday in Abuja. The report stated that it again reduced to 16.05 […]

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Nigeria’s inflation drops to 16.10 % in June – NBS

July 17, 2017News Agency

The National Bureau of Statistics (NBS) said that the country’s inflation as measured by Consumer Price Index (CPI) further dropped to 16.10 per cent in June from 16.25 per cent in May. The NBS made this known in its CPI June 2017 report released on Monday in Abuja. According to the bureau, this is the […]

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ALARMING! Nigeria’s inflation rate hits 18.55% – NBS

January 15, 2017Ayo Olowo

The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased by 18.55 per cent (year-in-year) in December, 2016 from 18.48 per cent recorded in November. The CPI, which measures inflation, is 0.07 per cent points higher from the points recorded in November. A report released by the NBS in Abuja, noted that the […]

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