Inflation Rate Drops, But Are Nigerians Feeling It?

The National Bureau of Statistics has said that the Consumer Price Index which measures inflation rate dropped to 11.22% in June - the lowest since July 2018. Although the indicators were positive, the price of foodstuffs, including bread, meat and potatoes has increased.

 

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  • Nigeria:   Inflation Drops to 11.22%

    Leadership, 16 July 2019

    The rate at which prices of goods and services rise declined significantly last month with inflation figures for June dropping to 11.22 per cent, 0.18 percent points lower than the… Read more »

  • Nigeria:   Inflation Rate Dropped to 11.22% in June - NBS

    Daily Trust, 16 July 2019

    Inflation rate dropped by 0.18 percent from 11.40 percent recorded in May to 11.22 in June, 2019, the National Bureau of Statistics (NBS) has said. Read more »

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