The National Bureau of Statistics (NBS), says the inflation rate reduced by 0.05 per cent in April compared to what obtained in March.’
It said while the inflation rate stood at 18.17 per cent in March, it reduced to 18.12 per cent in April.
The rate is contained in the NBS’s Consumer Price Index (CPI) report for April 2021 released on Monday in Abuja.
The News Agency of Nigeria (NAN) reports that CPI measures the average change over time in prices of goods and services for day-to-day living.
The report also said increases were recorded in all Classification of Individual…
