Nigeria: Inflation Slows Down to 15.37 Percent Amid Pressure On Food Prices

17 January 2018

Abuja — For the 11th consecutive month, the Consumer Price Index (CPI), which measures inflation, ended 2017 at 15.37 per cent (year-on-year) in the month of December.

This was 0.53 percentage points lower than the 15.90 per cent recorded in November - the 11th consecutive slowdown in the inflation rate since January 2017.

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