Breaking: Headline inflation eases in April

Inflation maintains moderate curve at 17.93% in May – NBS

Headline inflation eases in April The consumer price index (CPI) which measures inflation rate in Nigeria settled at 18.12 per cent year-on-year in April 2021. This is 0.05 per cent points lower than the rate recorded in March 2021 (18.17) per cent. Increases were recorded in all Classification of Individual Consumption According to Purpose (COICOP) divisions that yielded the Headline index, latest CPI report released today by the National Bureau of Statistics (NBS) has shown. The bureau also said food inflation stood at 22.72per cent in April 2021 from 22.95 per…

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