Thursday, 13 April 2017

Food prices stay up as inflation rate falls for the second time

- The National Bureau of Statistics (NBS)
has revealed that the Nigerian inflation
rate fell for the second time in 16 months - The year-on-year headline inflation
dropped to 17.26% in March 2017 from
17.78 percent in February 2017 The National Bureau of Statistics (NBS) has
revealed that the Nigerian inflation rate fell for the
second time in 16 months, but food prices stay on
the high side. According to The Cable, the year-on-year
headline inflation dropped to 17.26% in March
2017 from 17.78% in February 2017 but month-
on-month rose by 1.72% from 1.49% in the
previous month.

No comments:

Post a Comment

Featured post

Rivers Utd Beat KCCA 2-1

For the first time, Nigeria’s Rivers United have shot within qualification from Group A of the CAF Confederation Cup at least momentarily. T...