Nigeria's Inflation Rate Rises to 18.17%
Nigeria’s inflation rate for the month of March 2020, rose to 18.17% from 17.33% recorded in February 2021.
This is according to the Consumer Price Index report, recently released by the National Bureau of Statistics.
Food inflation spikes to 22.95% from 21.79% recorded in the previous month, while core inflation, which excludes the prices of volatile agricultural produce rose to 12.67% from 12.38% recorded in February 2021.
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