Nigeria’s Headline Inflation maintains Uptrend in Nov. 2020
Facts from released from the National Bureau of Statistics (NBS), on headline inflation have shown that it rose by 66bps to 14.89% y/y in November 2020 – the highest level since January 2018 (15.13% y/y). On a month-on-month basis, consumer prices increased by 6bps to 1.60% –…
Nigerian headline inflation soars y 12.56% in June 2020 ― NBS
Nigeria’s consumer price index (CPI) which measures inflation jumped by 12.56 per cent (year-on-year) in June 2020. This is 0.16 per cent points higher than the rate of 12.40 per cent recorded in May 2020. The National Bureau of Statistics…