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Nigeria’s Inflation Decelerates To 12.48% In April

Nigeria’s Consumer Price Index (CPI), which measures inflation, increased by 12.48 percent year-on-year in April this year, representing.86 percent points less than the 13.34 percent rate recorded the preceding month. The National Bureau of Statistics (NBS) reported today that the April’s rate represented the 15th consecutive disinflation since January 2017, noting, however, that increases are […]