Nigeria: Inflation Reverses 19-Month Trend, Drops Marginally to 18.12%

18 May 2021

Headline inflation fell to 18.12 percent in April representing 0.05 percent point year-on-year (YoY) decline when compared to 18.17 percent recorded in March.

This also represents the first decline in inflation since August 2019 when inflation rate stood at 11.02 percent.

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