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BREAKING: Nigeria Inflation Rate Hits 12.2% As Food Index Rises -#CPI

Tgmedia by Tgmedia
March 17, 2020
in Breaking, Business
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The consumer price index, (CPI) which measures inflation increased by 12.20% (year-on-year) in February 2020. This 0.07% higher than the rate of 12.13% recorded in January 2020.

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The food index rose from 14.85% recorded in January to 14.9% in February 2020 while core inflation increased by 0.08% to stand at 9.43% compared to 9.35% recorded in the preceding month.

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