Nigeria’s inflation rate hits 11.31% in February – NBS

The National Bureau of Statistics (NBS), says the Consumer Price Index (CPI) which measured inflation decreased to 11.31 per cent (year-on-year) in February from 11.37 per cent recorded in January.

The NBS made this known in its “CPI and Inflation Report’’ for February released in Abuja on Friday on its website.

The bureau said the figure was 0.06 per cent points lower than the 11.37…

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