Price Index: NBS Says Nigeria’s Inflation Drops By 0.06 % In March – - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
April 16, 2019
The National Bureau of StatisticsNBS said the country’s inflation measured by Consumer Price Index CPI in Marchwas zero point zero six per cent points lower than the rate recorded inFebruary.
The NBS said this in its CPI andInflation Report released on today in Abuja.
The bureau said the CPI whichmeasures inflation decreased to 11.25 per cent year-on-year in March, 2019.
According to the bureau, this iszero point zero six per cent points lower than the rate recorded in February,2019.
It however said, increases wererecorded in all classification of individual consumption by Purpose divisionsthat yielded the headline index.