Monday, February 18, 2019

Inflation Rate Drops To 11.37 Per Cent In January - NBS

Inflation Rate Drops To 11.37 Per Cent In January - NBS

It has been recorded according to National Bureau of Statistics(NBS) that the Customer Price Index(CPI) measured inflation in January 2019.

Report had it that the Price index which is 11.37% drop (inflation) is 0.07% lesser that of December, 2018 which was 11.44%.

The inflated CPI recorded experienced an increase year-on-year by 11.37% in January, 2019.

It was further stated that there was an increase by 11.66% of the urban inflation rate from the initial value of 11.73% in December, 2018.
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And that of the rural inflation rate had a change from 11.18% recorded in December, 2018 to 11.11% in January, 2019.

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  1. Why do the inflation rate dropped again hope this will not bring problem to our economy

  2. Charles IkwuakamMay 27, 2019 at 8:53 AM

    It reduced

  3. That's will brings the economy of this country subside


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