NBS: Nigeria’s inflation nosedives to 11.25%

The consumer price index (CPI), which measures inflation, nosedived for 12th time to settle at 11.25 per cent (year-on-year) in month of March, National Bureau of Statistics (NBS) confirmed yesterday. The reduction translates to 0.06 per cent points lower than the 11.31 per cent figure recorded in February. The composite food index rose by 13.45 […]


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