Nigeria’s inflation rate hits 12.56% ― NBS
The National Bureau of Statistics (NBS) says Consumer Price Index, (CPI) which measures inflation increased to 12.56 per cent year-on-year in June 2020. The NBS made this known in its CPI and Inflation Report for June released on Friday. It stated that the report showed that June inflation was 0.16 per cent points higher than […]
Experts attribute September inflation rate rise to border closure
Financial experts on Wednesday attributed the rise in inflation rate for the month of September to border closure and the new minimum wage. They stated this in separate interviews with the News Agency of Nigeria (NAN) in Lagos, in reaction to the September inflation figure released by the National Bureau of Statistics (NBS) on Oct. […]
Inflation rises by 0.22% to 11.24% in September — NBS
The National Bureau of Statistics (NBS), says inflation rate in September 2019 increased by 0.22 per cent to 11.24 per cent from 11.02 per cent recorded in August.
Zimbabwe’s monthly inflation fell in July
Zimbabwe National Statistics Agency on Wednesday said Zimbabwe’s month-on-month inflation fell to 21.04 per cent in July, down from 32.96 per cent in June.
NBS puts Nigeria’s inflation at 11.08% in July
The National Bureau of Statistics (NBS), said the country’s inflation measured by Consumer Price Index (CPI) stood at 11.08 per cent (year-on-year) in July 2019.
Headline inflation rate drops in June
Despite the decline in headline inflation rate to 11.2 percent in June 2019, analysts in the financial sector of the economy have projected that the headline inflation index will rise to 11.5 percent in the second half of 2019, H2’19.
