Royal Times of Nigeria.
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
TRENDING
Zamfara schoolgirls kidnap: Buhari’s government has failed Nigeria...
Kwara announces cutoffs for teaching job applicants
AbdulRazaq to set a new record in good...
Kwara vaccinates children, women against tetanus
KW-IRS partners MDAs for enhanced revenue generation
UK Supreme court reject ISIS bride, Shamima Begum
Kwara approves use of hijab in schools
Former federal high court Chief Justice is dead
Ooni of Ife, Others Task AbdulRazaq on Grading...
COVID-19 fund: CODE, Oxfam Nigeria tour Kwara, seeks...
Court declines ex-pension boss bail
NDLEA arrested eight suspected drug traffickers in Niger
EndSARS: Gov AbdulRazaq receives panel report, pledges to...
Kwara Govt inaugurates Councils and Boards of Agencies,...
Fayose speaks on 2023 Presidential election

Royal Times of Nigeria.

Banner
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
Business & EconomyNews

Inflation rate drops to 15.1% in January – NBS

written by Samuel Etuk February 14, 2018
Inflation rate drops to 15.1% in January – NBS

The National Bureau of Statistics on Wednesday released the Consumer Price Index which measures inflation with the rate dropping by 0.24 per cent basis from 15.37 per cent in December to 15.13 in January.

The bureau in the report said this is the twelfth consecutive months that the index would be declining.

On a month-on-month basis, the bureau said the headline index increased by 0.80 per cent in January 2018, adding that this is 0.21 per cent points higher from the rate of 0.59 per cent recorded in December 2017.

The report reads in part, “The Consumer Price Index which measures inflation started the year 2018 increasing by 15.13 per cent year-on-year in January 2018.

“This was 0.24 per cent points lower than the rate recorded in December (15.37 per cent) making it the twelfth consecutive slowdown in the inflation rate though still positive in headline year on year inflation since January 2017.”

Join our twitter community :

Follow @royaltimesng
0 comment
0
Facebook Twitter Google + Pinterest
Samuel Etuk

Passionate unapologetic Nigerian, highly spontaneous, web content writer cum social media strategist, gidi hustler and Akwa-ibomite in diaspora

previous post
Prof. Soyinka Asks Nigerians To Resist Armed Herdsmen Invasion
next post
Atlanta-bound flight makes emergency u-turn to Lagos airport

You may also like

Melaye mocks suspended SGF Babachir with an Aje...

April 20, 2017

Imo governor suspends council chairmen

June 18, 2019

Nigerian Army, Shi’ite argue over number of death...

October 30, 2018

Atiku to unveil agenda for Nigeria tomorrow

April 24, 2018

700 African artistes expected in Lagos for AFRIMA

October 27, 2017

COVID-19: STOAN urges FG to prioritise vaccination for...

February 17, 2021

NYSC fixes orientation date for Stream 2 Batch...

July 18, 2017

Boko Haram: Troops can’t fight well in rainy...

July 28, 2017

7 people rescued in collapsed building in Lagos

July 25, 2017

Buhari begs lawmakers over cancelled dinner

October 27, 2017

Leave a Comment Cancel Reply

Facebook
  • Elon Musk toppled as world richest man, loses $15 billion

    February 23, 2021
  • Davido named among world most influential people by TIME Magazine

    February 18, 2021
  • Why I married Tonto Dikeh’s ex-husband – Rosy Meurer

    February 18, 2021
  • Tessica Brown to donate $20K of Her GoFundMe Money to reconstructive surgery Organization

    February 16, 2021
  • Nigerian gospel singer Sinach releases new single ‘Greatest Lord’

    February 15, 2021
  • Kidnapped United FC driver regains freedom

    February 25, 2021
  • Liverpool goalkeeper father found dead

    February 25, 2021
  • Osimhen rejoins Napoli teammates after head trauma

    February 23, 2021
  • Osaka ends Serena’s 24th Grand Slam quest

    February 18, 2021
  • COVID-19;Bayern’s Pavard tests positive

    February 18, 2021
  • Facebook
  • Twitter
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy

@2017 -Royaltimes of Nigeria. All Right Reserved.