• Wednesday, May 01, 2024
businessday logo

BusinessDay

Nigeria’s inflation rises to 12.2% in February, the sixth consecutive increase

National-Bureau-of-Statistics-NBS

Nigeria’s Consumer Price Pndex, (CPI) which measures inflation increased to 12.20 percent (year-on-year) in February 2020 making it the sixth consecutive rise according to the data from National Bureau of Statistics released Tuesday morning.

This gives an increase of 0.07 percentage points from 12.13 percent in January, according to the Bureau.

 

Details later