Explainer: How to calculate your personal inflation rate
On a daily basis, an average Nigerian spends on food, transportation, airtime or data. These expenses add up to monthly and yearly expenses that, left untracked, your buying power.
As…
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Consumer Price Index
Analysing the sources of growth in Consumer Price Index
In February 2022, the National Bureau of Statistics, (NBS) released a report on the Consumer Price Index, which showed that the annual inflation rate in Nigeria was 15.70 per cent on a…