Consumer Price Index (CPI)

JUST IN: Nigeria’s inflation rate jumps to 33.2% – NBS

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Inflation

The National Bureau of Statistics (NBS) Monday, April 15, said the inflation rate increased from 31.70% in February 2024 to 33.20% in March 2024. According to the Bureau in its Consumer Price Index (CPI) and Inflation Report March 2024, it rose by 1.50% point compared to the previous month. NBS said: “In March 2024, the … Read more

Real reason inflation will hit 29-year high – Analysts

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Inflation 1

Ahead of the release of March 2024 inflation statistics, Analysts have provided reasons why the Consumer Price Index (CPI), which measures inflation, will jump to about 32.15 percent from 31.7 percent in February, a 29-year high. According to available statistics from the National Bureau of Statistics (NBS), Nigeria’s annual inflation rate last reached current levels … Read more