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.
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.
