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Research and Analytics

Author: Sheriffdeen Adeoti

April 2020 Consumer Price Index Report: A continuous rise in Inflation

By Sheriffdeen AdeotiPosted on Posted in Analytics, ArticlesTagged , , , , , No Comments on April 2020 Consumer Price Index Report: A continuous rise in Inflation

The consumer price index, (CPI) increased by 12.34% (year-on-year) in April 2020. This is 8bps higher than the rate recorded in March 2020 (12.26%). This is the eighth consecutive month of increase since August 2019 (11.02%) and the highest level since April 2018 (12.48%).

CPI Report for March 2020: A steady rise in inflation to 12.26%

By Sheriffdeen AdeotiPosted on Posted in ArticlesTagged , , , , No Comments on CPI Report for March 2020: A steady rise in inflation to 12.26%

The CPI (Consumer Price Index) calculates the average over time increase in prices of products and services purchased by people on a regular basis. The monthly Statistics released by the NBS stands at 12.26%. March 2020 reports a 12.26% steady increase Year on Year from 12.20% in February 2020. Data obtained from the National Bureau […]

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