The National Bureau of Statistics, NBS says inflation rate in September 2019 increased by 0.22 per cent to 11.24 per cent from 11.02 per cent recorded in August.

It said this in its Consumer Price Index, CPI, September 2019” released on Tuesday in Abuja.

It also said that urban inflation rate increased by 11.78 per cent year-on-year in September from 11.48 per cent recorded in August, while the rural inflation rate increased by 10.77 per cent in September from 10.61 per cent in August.

According to the Bureau, on a month-on-month basis, the urban index rose by 1.13 per cent in September, up by 0.09 from 1.04 per cent recorded in August.

It added that the rural index also rose by 0 .96 per cent in September, up by 0.03 per cent from the rate recorded in August 0.93 per cent.

The report said that the corresponding twelve-month year-on-year average percentage change for the urban index is 11.63 per cent in September.