Inflation rate to decline marginally in October—FSDH
RESEARCH analysts at FSDH Merchant Bank Limited have forecasted a marginal decline in the headline inflation rate for the month of October 2017 to 15.91 percent against 15.98 percent recorded in preceding month. This is against the backdrop of slow increase in the prices of food and non-food items recorded in the month of October.
Nigeria inflation declines – NBS report
The Consumer Price Index (CPI) which measure inflation declined by 0.02 per cent in April, the National Bureau of Statistics, NBS, said on Tuesday.
Inflation: Mixed outlook as food prices remain high
AGAINST the backdrop of deceleration of inflationary pressures announced by the National Bureau of Statistics, NBS, last week, further insight into price movements in the first quarter of the year has indicated a mixed result.
Inflation: Expert says FG will meet 15.74 target
An Economist, Prof. Uche Uwaleke, has expressed optimism that the Federal Government would meet its target of 15.74 inflation rate as contained in the 2017 budget
Nigeria’s Inflation declines by 0.52 % in March
Abuja – The National Bureau of Statistics (NBS) on Thursday said that inflation dropped by 0.52 per cent in March, the second decline recorded on the year- on- year basis. The first decline was recorded in February when inflation dropped by 0.94 per cent. In its latest Consumer Price Index (CPI) for March released in […]
Inflation drops to 17.78% as cooking gas price soars while kerosene price drops
National Bureau of Statistics, NBS, yesterday, said the inflation rate year-on-year (YoY) dropped to 17.78 per cent in February from 18.72 in January, the first decline in 15 months, implying slow-down in the rate of increase in prices of goods and services.
Inflation declines by 0.94 % in February
The National Bureau of Statistics (NBS) on Tuesday said that inflation dropped by 0.94 per cent in February, the first time in 15 months.
Inflation: Households dump cooking gas, resort to coal stoves
Many households in Kano previously using cooking gas, say they have now resorted to coal stoves due to the hike in the price increase of the commodity.
Nigeria’s Inflation rises for 13th straight month
Nigeria’s inflation rose again in November, driven by higher food, petrol and electricity prices, data showed Thursday, with analysts saying that the upward trend may not be over.
Nigeria’s inflation rate to return to stability – economic research
Nigeria’s inflation readings may close first half positive as research reports indicate a moderation to 15.4 per cent in the month of June 2016, down from 15.6 per cent recorded for the preceding month, May 2016.
Inflation hits six-year high at 13.7%
Nigeria’s inflation rose to 13.7 percent in April from 12.8 percent recorded in March.
Economy: Nigeria’s inflation rises by 11.4% in February – NBS
The National Bureau of Statistics (NBS) on Tuesday, said the inflation rate in February rose by 11.4 per cent compared to the 9.6 per cent in January.
Inflation rose to 9.4% in November
The marginal increase represents a 0.1 per cent rise from 9.3 per cent recorded in the previous month.
Unemployment rate rises further
LAGOS— Despite improvements in some key economic indices, unemployment rate has risen further in third quarter (Q3) 2015, making it the fourth consecutive rise in unemployment rate quarterly since Q3, 2014.
Inflation drops to 9.3% in October
The National Bureau of Statistics (NBS) released its report on the Consumer Price Index (CPI) for the month of October, showing that inflation rose to 9.3 per cent in the tenth month of the year compared to 9.4 per cent in the previous month.
Inflation rate edged to 9.3 % in August – NBS
The National Bureau of Statistics (NBS) on Monday said that inflation rate edged higher to 9.3 per cent in August, compared to the 9.2 per cent rate in July.
This is contained in August 2015 Consumer Price Index (CPI) issued from the NBS in Abuja.
