-
Inflation Drops By 0.05% In April After Consistent Increase
The National Bureau of Statistics has published that the inflation rate reduced by 0.05 percent in April 2021 compared to what obtained in March 2021. It said the inflation rate which stood at 18.17 percent in March reduced to 18.12 percent in April 2021. CPI measures the average change over time in prices of goods…
-
Nigeria’s Inflation Hits 18.17%, Highest In Four Years
The inflation rate in Nigeria has increased to 18.17 percent in March 2021. This is the highest level recorded since January 2017. According to the Consumer Price Index of March 2020 published by the National Bureau of Statistics (NBS), the prices of food have also gone up to 21.79 percent recorded in February to 22.95…