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  • Agencies

    Four Facts about Soaring Consumer Food Prices

    Abdulazeez Kuranga / June 24, 2021

    Rising world food prices for producers are making headlines and causing concerns among the public. The most recent data show a moderation in consumer food price inflation globally, but as we explain below,…

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  • Agencies

    Data Disruption: The Impact of COVID-19 on Inflation Measurement

    Joshua Olorunsaiye / November 18, 2020

    Lockdowns, working from home, and physical distancing caused people to spend larger shares of their household budgets on food and housing, while fewer people bought nonessentials, like airline tickets and clothing. And with…

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  • Analytics,  Articles

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

    Sheriffdeen Adeoti / May 21, 2020

    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…

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  • Articles

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

    Sheriffdeen Adeoti / April 21, 2020

    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…

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