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Tag "Consumer Price Index"

Nigeria’s inflation rate hits 15.92% — highest level since October 2021

    Nigeria’s inflation rate hits 15.92% — highest level since October 2021

The consumer price index, which measures the rate of increase in the price of goods and services, climbed to 15.92 per cent in March 2022, amid rising food and gas

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EXPLAINER: Prices are going up but inflation rate is dropping — what’s the magic?

    EXPLAINER: Prices are going up but inflation rate is dropping — what’s the magic?

On Monday, the National Bureau of Statistics (NBS) released its monthly inflation report for October 2021. Since NBS released the report, Nigerians have queried if the data is a true

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Inflation hits 11.98% — highest in 19 months

    Inflation hits 11.98% — highest in 19 months

The consumer price index, which measures inflation, stood at 11.98% in December 2019. This is 0.13 percentage points higher than the 11.85% recorded in November. This is the highest point

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Inflation rate stabilises at 9.2%

    Inflation rate stabilises at 9.2%

The consumer price index (CPI) which measures inflation in Nigeria for the month of July stood at 9.2 percent, the same value recorded in June 2015, the Nigerian Bureau of

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Inflation rate up marginally to 7.9% in April

  Inflation rate up marginally to 7.9% in April

The National Bureau of Statistics (NBS) on Thursday said Nigeria’s inflation rate stood at 7.9% in April. The figure, released

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