….. as Kogi State recorded the highest food inflation of 22.79% The National Bureau of Statistics (NBS) reported on Wednesday that Nigeria’s consumer price index (CPI), which measures the rate of inflation, surged to 17.71 percent year-on-year (Y-o-Y) in May from the 16.82 percent recorded in the preceding month, representing the highest level in 11 […]
The United States inflation, as measured by the Consumer Price Index (CPI), rose to 5.4% on a yearly basis in September from 5.3% in the preceding month. The US Bureau of Labor Statistics reported on Wednesday the upswing in the general price level aligned with analysts’ estimates. On a monthly basis, the CPI edged higher […]
Nigeria’s Consumer Price Index (CPI), which measures inflation rate dropped to 17.01 percent in August, representing the fifth consecutive month of sliding trend in the general price level of the economy. The National Bureau of Statistics (NBS), the nation’s official statistics producing and reporting agency, in its report titled, ‘Consumer Price Index Report for August’, […]
There are growing concerns among UK consumers that the COVID-19 pandemic-spurred disruptions in the global food supply chain may cause rises in food prices soon as the country’s Consumer Prices Index (CPI) rose by 2.5% in June 2021, the highest level for three years. A news report sourced by our correspondent from the conversation.com, an […]
Indications that the recent closure of Nigerian land borders and other fiscal measures by the government are already taking tolls on consumers’ real economy emerged on Monday as the nation’s consumer price index (CPI), which measures inflation rose to 11.61% in October, the highest rate in 17 months. The National Bureau of Statistics (NBS) gave this […]