The National Bureau of Statistics (NBS) have released shocking figures showing that inflation is down, in the newly rebased ...
Food inflation dropped to 26.08 percent in January 2025 on the back of the rebasing of the Consumer Price Index (CPI), data ...
Nigeria's inflation rate dropped massively to 24.48 percent in January 2024 from 34.80 percent in December last year after ...
The food component of the CPI dropped by 0.6% in January, marking the first annual decline since May 2017, says Statistics Canada.
Also, the Director-General of the Lagos Chamber Of Commerce And Industry, Dr Chinyere Almona noted that a rebased CPI provides a “clearer view of the economy” which considering the drop of headline ...
Nigeria’s headline inflation rate dropped to 24.48% year-on-year in January 2025, following the rebasing of the Consumer ...
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...
Experts have said that the rebasing of Nigeria’s Consumer Price Index could lead to a shift from debt instruments to equities.They noted that the adjustment, which reflects a new methodology for ...
The NBS said the food index for January 2025 was 110.03, resulting in a food inflation rate of 26.08 per cent year-on-year.