consumer price index

  1. Nigeria's Inflation Sees a Slight Decline in February 2025, Falling to 23.2%

    Nigeria Nigeria's Inflation Sees a Slight Decline in February 2025, Falling to 23.2%

    Nigeria’s inflation rate drops to 23.2% in February 2025, a slight decline from January’s 24.1%. This follows an overhaul of the consumer price index aimed at better reflecting inflation pressures. While positive, the rate remains high, keeping economic challenges in focus. Nigeria's inflation...
  2. Nigeria's Inflation Soars to 28.9% in December 2023, Triggering Economic Concerns

    Nigeria Nigeria's Inflation Soars to 28.9% in December 2023, Triggering Economic Concerns

    As economic turmoil intensifies, the National Bureau of Statistics (NBS) released its December 2023 Consumer Price Index (CPI) on Monday afternoon, revealing a shocking surge in Nigeria's inflation rate to 28.9%. In comparison to November 2023's 28.20%, this new figure represents a significant...
  3. Nigeria's Inflation Skyrockets to a Staggering 26.72%

    Nigeria Nigeria's Inflation Skyrockets to a Staggering 26.72%

    Nigeria's inflation rate for September surged to 26.72%, marking a substantial 0.92% increase compared to the previous month's 25.80%. This data is sourced from the recently released Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). The steep rise in inflation can be...
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