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Nigeria’s Inflation Rate Drops To 18.12% In April 2021

Nigeria’s inflation rate stood at 18.12% in April 2021, indicating a drop compared to 18.17% recorded in March 2021.     This is according to the Consumer Price Index report, recently released…

Nigeria’s inflation rate stood at 18.12% in April 2021, indicating a drop compared to 18.17% recorded in March 2021.

 

 

This is according to the Consumer Price Index report, recently released by the National Bureau of Statistics (NBS).

 

Food inflation stood at 22.72% in April 2021 from 22.95% recorded in the previous month, while Core Inflation increased to 12.74% in April 2021 from 12.67% recorded in March 2021.

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Published May 18, 2021
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