Home Business Nigeria’s Inflation rate drops to 15.13% in January
Nigeria’s Inflation rate drops to 15.13% in January
0

Nigeria’s Inflation rate drops to 15.13% in January

0
0

Image result for Nigeria's Inflation rate drops to 15.13% in JanuaryNigeria’s annual inflation slowed to 15.13 percent, in January compared with 15.37 percent in December.

The National bureau of statistics says a separate food price index showed inflation at 18.92 percent in January, compared with 19.42 percent in December.

The rise in the food index was caused by increases in prices of imported food in general as well as bread and

Last month, the NBS said it expected the rate of inflation to fall faster this year compared with 2017, but activities leading up to presidential elections next year could stoke prices.

%d bloggers like this: