Home Business Consumer Price Index drops to 17.26 pct in March
Consumer Price Index drops to 17.26 pct in March
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Consumer Price Index drops to 17.26 pct in March

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Image result for Consumer Price Index drops to 17.26 pct in MarchNigeria Consumer Price Index which measures inflation declined by zero point five two percent in March, easing from 17.7 % in February to 17.26 %.

This is the second consecutive month of a decline in the headline inflation on a year-on-year basis, representing the effects of stabilizing prices in already high food and non-food items.

Some major divisions responsible for the pace of headline index are Housing, Water, Electricity, Gas and Other Fuel,Food and Beverages and Transportation.

On a month-on-month basis, the Headline index increased by 1.72 percent in March.

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