Nigeria: Inflation rate increases by 0.24%

Kunle Kalejaye 16 October 2016, Sweetcrude, Lagos — In September, the Consumer Price Index, CPI which measures inflation increased by 17.9 percent (year-on-year), 0.24 percentage points higher than the rate recorded in August 2016 (17.6 percent). Increases were recorded in all COICOP divisions which contribute to the Headline Index. Communication and Restaurants and Hotels recorded […] More »