Nigeria’s Headline Inflation Hits 13.22% YoY In August; 0.40% Higher Than July

The consumer price index, (CPI) which measures inflation increased by 13.22 percent (year-on-year) in August 2020, representing an increase of  0.40 percent points higher than 12.82 percent in July 2020, according to the latest report from the National Bureau of Statistic, NBS. NBS noted that Increases were recorded in all COICOP divisions that yielded the …

Nigeria’s Headline Inflation Hits 13.22% YoY In August; 0.40% Higher Than July Read More »