Inflation Declines to 11.31%

By James Emejo in Abuja

The Consumer Price Index (CPI), which measures inflation, further decreased to 11.31 per cent (year-on-year) in February compared to 11.37 per cent in January, according to the National Bureau of Statistics (NBS).

The urban inflation rate stood at 11.59 per cent (year-on-year) in February from 11.66 per cent recorded in January while the rural inflation rate tood at…


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