Inflation rate rises to 17.9% – NBS - 9JAOlofofo | Nigeia #1 gossip site.

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Saturday, 15 October 2016

Inflation rate rises to 17.9% – NBS

In September, the Consumer Price Index, which measures inflation across the country, increased by 17.9 per cent year-on-year, up from the 17.6 per cent recorded the previous month.
According to the National Bureau of Statistics, energy and energy-related prices continue to be the largest increases reflected in the core sub-index.
It stated that in September, the core sub-index increased by 17.7 per cent, up by 0.5 per cent points from rates recorded in August (17.2 per cent).
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