inflation report

INFLATION: Nigeria’s Rate surges to print at 17.71% in May 2022.

The Consumer Price Index (CPI), which measures inflation, rose by 17.71% Year-on-Year (YoY) in May’22. This is 0.89% higher than the rate recorded in Apr’22 (16.82%) but 1.30% lower than May’21 (0.22%). The headline inflation spiraled upward, in line with the...

APRIL 2022 INFLATION REPORT – Prices of Bread and Cooking Gas soars High as Nigeria’s Food Inflation hit 18.8%.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation, rose by 16.82% Year-on-Year (YoY) in Apr’22. This is 0.90% higher than the rate recorded in Mar’22 (15.92%) but 1.30% lower than Apr’21 (18.12%)....

Inflation: Nigeria’s inflation Inches 0.22% Higher in March 2022 to print at 15.92%.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Nigerian Bureau of Statistics Friday, 15, April, released the inflation index. From the report, the Consumer Price Index (CPI), which measures inflation rose by 15.92% Year-on-Year (YoY) in Mar. This is...

Fuel Scarcity Pushes Nigeria’s Inflation Upward to 15.7% in February 2022.

According to the consumer price index report, released by the National Bureau of Statistics (NBS). On Tuesday, Nigeria’s inflation rate changed direction in February as it rose 15.7% from 15.6% recorded in January 2022. This increase represents a 0.1% point...

NIGERIAN’S INFLATION: Headline Inflation Drops to 15.6% in January 2022, Food Inflation increases by 17.13%.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation rose by 15.60% Year-on-Year (YoY) in Jan’22. This is 0.03% lower than the rate recorded in Dec’21 (15.63%) and 0.87% lower than Jan’21(16.47%). The...

Nigeria’s Inflation Rate Drops To 15.4% in December 2021.

The Consumer Price Index (CPI)/Headline Inflation/All Item Index The Consumer Price Index (CPI), which measures inflation rose by 15.63% Year-on-Year (YoY) in Dec’21. This is 0.23% higher than the rate recorded in Nov’21 (15.40%) but 0.13% lower than the rate...

Nigeria inflation falls lower to 15.99% in October 2021, compared to previous months.

The Consumer Price Index (CPI), which measures inflation according to the Nigerian Bureau of Statistics rose by 15.99% Year-on-Year (YoY) in Oct’21. This is 0.64% lower than the rate recorded in Sept’21 (16.63%). The headline inflation rate eased for a...