
Inflation Update: NBS reports mixed transportation fare
AGAINST the backdrop of a softening inflationary pressure, average transportation fare paid by commuters intra-city increased to N122.85 in February 2017, up 50.42 per cent year-on-year (YoY) from N122.83 in January 2017. The rate of increase was however, narrower month-on-month (MoM), recording 0.01 per cent.