Nigeria’s March inflation figures released; drops to 11.25%

Data also shows food price index increased by 13.45 per cent in March as against 13.47 per cent in February.

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April 17, 2019

Latest information from the National Bureau of Statistics (NBS), Nigeria’s statistical agency, indicates that the country’s March inflation is 11.25 per cent, against 11.31 per cent for February.

However, the food price index increased by 13.45 per cent in March as against 13.47 per cent in February.

In Nigeria, the NBS releases inflation data used by the Central Bank and other financial institutions in the country.

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Abdulateef Ahmed

Abdulateef Ahmed, Digital News Editor and; Research Lead, is a self-driven researcher with exceptional editorial skills. He's a literary bon vivant keenly interested in green energy, food systems, mining, macroeconomics, big data, African political economy, and aviation..