The National Bureau of Statistics on Monday said the country’s external reserves would experience less pressure this year due to a reduction for the demand for foreign exchange to settle high import bills. The bureau said in a report released in Abuja that the projected increase in the value of […]
Tag: National Bureau of Statistics
Nigeria Records 12% December Inflation Rate YoY-NBS Report
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Inflation Rate for December is 12 percent (12%). Recent data from the National Bureau of Statistics reports December headline inflation at 12.0% year on year (y-o-y), a 30bps decrease from the 12.3% y-on-y figure recorded in November 2012. Food inflation also eased to 10.2% y-on-y, a […]
December inflation rate’ll drop to 11.94% –Analysts
As the National Bureau of Statistics prepares to announce the inflation rate for December, analysts expect it to drop to 11. 94 per cent, from the 12.3 per cent rate recorded in November. Analysts at Financial Derivatives Company Limited on Wednesday in a report made available to our correspondent said […]
