Food Inflation In Nigeria Rises To 17.38% As Inflation Rate Jumps To 14.23%

The consumer price index, (CPI) which measures inflation increased by 14.23 percent (year-on-year) in October 2020. This is 0.52 percent points higher than the rate recorded in September 2020 (13.71 percent). Increases were recorded in all COICOP divisions that yielded the Headline index. On a month-on-month basis, the Headline index increased by 1.54 percent in … Continue reading Food Inflation In Nigeria Rises To 17.38% As Inflation Rate Jumps To 14.23%