Nigeria’s Inflation has yet again fallen to 17.75% as the economy steadily improves.
The country’s inflation rate dropped further in the month of June 2021 to 17.75% from 17.93% recorded in May 2021. This represents the third consecutive decline in headline inflation.
This is according to the latest consumer price index report, released by the National Bureau of Statistics (NBS).
Sallah: Never Create Artificial Scarcity – DPR Warns Fuel Marketers
The report stated that food inflation stood at 21.83% in June 2021 compared to 22.28% in May 2021 while core inflation which excludes the prices of volatile agricultural produce dropped from 13.15% recorded in May 2021 to 13.09% in the review period.
NCC: Danbatta Hails Retired Deputy Director, Jerry Ugwu
PLEASE FOLLOW US ON LINKEDIN
Post Disclaimer
The opinions, beliefs and viewpoints expressed by the author and forum participants on this website do not necessarily reflect the opinions, beliefs and viewpoints of Anaedo Online or official policies of the Anaedo Online.