Nigeria's Inflation Rate Dips to Lowest in Two Years
The National Bureau of Statistics has said the country's inflation stood at 13.34% in March, its lowest level in two years and its 14th straight drop in as many months. A separate food price index showed inflation was trimmed to 16.08% in March, from 17.59% the preceding month. Food inflation has been in double digits for almost three years, but has slowed for the past six months.
Inflation.
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Nigeria:
Inflation Drops Further to 13.34 Percent
This Day, 12 April 2018
For the 14th consecutive month since January 2017, inflation rate has continued a downward trajectory, declining from 14.33 per cent in February 2018 to 13.34 per cent in March. Read more »
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Nigeria:
Nigeria's Inflation Rate Dropped to 13.34 Percent in March - NBS
Vanguard, 12 April 2018
Nigeria's inflation rate measured by the Consumer Price Index (CPI) dropped from 14.33 in February to 13.34 per cent in March year-on-year, the National Bureau of Statistics (NBS)… Read more »
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Nigeria:
Nigerians Paid Less for Petrol, Kerosene, Diesel in March - NBS
Premium Times, 11 April 2018
The average price paid by consumers for petrol, diesel, and kerosene decreased in March compared to February, the National Bureau of Statistics has said Read more »
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Nigeria:
Only Abuja Residents Paid N145 Per Litre of Petrol in March - NBS
Vanguard, 12 April 2018
The National Bureau of Statistics (NBS) says only motorists in Abuja bought Premium Motor Spirit (PMS), also known as petrol, at the approved price of N145 per litre in March. Read more »
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Nigeria:
Experts Hopeful Inflation Rate Drops to Single Digit Mid-Year
Guardian, 10 April 2018
A report by FSDH Research team has predicted inflation rate to drop to single digit in July 2018, provided there is no adjustment to the price of Premium Motor Spirit (PMS) and… Read more »
InFocus
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The Nigerian Bureau of Statistics has stated that annual inflation stood at 14.33% in February 2018, slowing for the 13th month in a row and driven by a decline in the pace of food ... Read more »