Nigeria’s Consumer Price Index which measures inflation dropped from 13.34 per cent in March to 12.48 per cent in April, according to a report by the National Bureau of Statistics (NBS) on Tuesday.
The NBS said this in the CPI report, that this was the 15th consecutive months that the inflation rate would be experiencing continuous decline.
The report reads in part, “The Consumer Price Index which measures inflation increased by 12.48 per cent (year-on-year) in April 2018.
“This is 0.86 per cent points less than the rate recorded in March 2018 (13.34) per cent and represents the fifteenth consecutive disinflation since January 2017.
“On a month-on-month basis, the Headline index increased by 0.83 per cent in April 2018, up by 0.01 per cent points from the rate recorded in March.”
Do You Have A Story, Press Release, Events Coverage Or Want An Advert Placement?
Ring The Dailybells Nigeria Today On Our Hotlines +234 802 523 7926, +234 806 017 6677 Or WHATSAPP On +234 802 523 7926
Email: firstname.lastname@example.org Or email@example.com.
All Rights Reserved. This Material And Any Other Material On THE DAILYBELLS NIGERIA Should Not Be Reproduced, Published Broadcast, Written Or Distributed In Full Or In Part, Without Written Permission From The Editor/CEO..