Breaking: Nigeria inflation shoots up again

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Breaking: Nigeria inflation shoots up again – The consumer price index, (CPI) which measures inflation increased by 13.71 percent (year-on-year) in September 2020.

This is 0.49 percent points higher than the rate recorded in August 2020 (13.22) percent.

In its CPI and Inflation Report of September 2020, increases were recorded in all COICOP divisions that yielded the Headline index.

On a month-on-month basis, the Headline index increased by 1.48 percent in September 2020. This is 0.14 percent rate higher than the rate recorded in August 2020 (1.34) percent.




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About Sam Gabriel 962 Articles
Samson Gabriel a graduate of mass communication from Auchi Polytechnic, he is a passionate writer with experience in radio scrip writing. He brings his experience from the broadcast media into play here as he continues to enjoy his passion as a journalist. He can be contacted via whats-app on: +234701105670

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