Home / Breaking News / Nigeria’s Inflation Rate Drops To 18.12% In April 2021

Nigeria’s Inflation Rate Drops To 18.12% In April 2021

Nigeria’s inflation rate stood at 18.12% in April 2021, indicating a drop compared to 18.17% recorded in March 2021.

This is according to the Consumer Price Index report, recently released by the National Bureau of Statistics (NBS).

Food inflation stood at 22.72% in April 2021 from 22.95% recorded in the previous month, while Core Inflation increased to 12.74% in April 2021 from 12.67% recorded in March 2021.

COTTON SUITES

Check Also

2027: INEC Announces date for Nationwide Collection of PVCs

The Independent National Electoral Commission, INEC, says the collection of Permanent Voter Cards, PVCs, will …