Nigeria annual inflation drops to 13.34% in March – NBS

Statistician-General of the National Bureau of Statistics, Dr Yemi Kale says annual inflation has dropped to 13.34% in March 2018

Nigeria’s annual inflation dropped to 13.34 per cent in March, down from 14.33 per cent in February, the National Bureau of Statistics said on Thursday.

The annual inflation has now dropped for the 14th consecutive time, Dr Yemi Kale, Statistician General of the Federation/CEO Nigerian National Bureau of Statistics revealed.

A separate food price index showed inflation at 16.08 per cent, down from 17.59 per cent while and core inflation drops to 11.2 per cent from 11.7 per cent.

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