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Breaking: Inflation drops for 13th month in February 2018 - NBS

The Nigerian Bureau of statistics (NBS) has stated that annual inflation in Nigeria stood at 14.33% in February, 2018, slowing for the 13th month in a row and driven by a decline in the pace of food price increases.

The data released by the statistician general of the federation, Yemi Kale, via Twitter on Wednesday, March 14, show that the food price index showed inflation at 17.59 percent in February, compared with 18.92 percent in January. Core inflation was 15.13 percent last month.

Details later…

Source: Naija.ng


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