By Peter OBIORA InvestAdvocate http://www.nigerianstat.gov.ng/pages/download/340 Lagos (INVESTADVOCATE)-Nigeria’s inflation rose 9.6 percent in the month of December 2015 on imported foods a 0.2 percent higher than what was recorded in November, according to the National Bureau of Statistics (NBS) latest report. NBS says apart from higher prices of imported food items […]
Tag: National Bureau of Statistics
Inflation Rose 8% Year-on-Year in Jan’ 14-NBS
In January, the Consumer Price Index (CPI) which measures inflation rose by 8.0 percent year-on-year. Growth rates have held relatively unchanged for the second consecutive month and continue to find support in the single digit range in line with trends exhibited in 2013. Food prices have risen at about the […]
Nigeria: December Inflation climbs further to 8.0% y/y
According to the National Bureau of Statistics, headline inflation in December inched up by 8.0% y/y. This marks a 0.1% rise from the 7.9% recorded in November and the second consecutive rise in inflation rate since October. In effect, inflation remained in single digits throughout 2013. The consumer price index […]
