Tag Archives: Consumer Price Index

Nigeria’s inflation drops to 15.13 % in January – NBS

The inflation rate, measured by the Consumer Price Index (CPI), has further dropped to 15.13 per cent in January from 15.37 per cent recorded in December, 2017, National Bureau of Statistics (NBS) has said. The NBS disclosed this in its CPI report for January 2018 released, on Wednesday, in Abuja. The Consumer Price Index (CPI), which measures inflation, started the ...

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Nigeria’s inflation decreases marginally for tenth consecutive time

For the tenth consecutive time, Nigeria’s Consumer Price Index (CPI), which measures inflation, decreased to 15.90 per cent making it 0.01 per cent lower than the 15.91 per cent recorded in October 2017. This was disclosed in a National Bureau of Statistics (NBS), report published on the bureau’s website. However, despite the decrease, the inflation rate increased year-on-year by 15.90 ...

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