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BREAKING: Nigeria’s Inflation Rate Jumps To 18.17% In March 2021

BREAKING: Nigeria’s Inflation Rate Jumps To 18.17% In March 2021

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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 (NBS).

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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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