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Food prices push September inflation to 11.28%

Food prices push September inflation to 11.28%

THE Consumer Price Index (CPI), which measures inflation rate, rose for the second consecutive month to 11.28 percent Year-on-Year, YoY in September 2018, attributable to food price increases.

Food prices hit 8-yr high, as Buhari tasks economic team

Food prices hit 8-yr high, as Buhari tasks economic team

The National Bureau of Statistics, NBS, stated in its latest report released yesterday that food price pressure continued into July as all major food sub-indexes increased, with food inflation in the country rising by 20.28 per cent Year-on-Year (YoY) in July.