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Nigeria’s inflation rate hits 18.55 % in December – NBS

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The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), increased by 18.55 per cent (year-in-year) in December, 2016 from 18.48 per cent recorded in November. The CPI, which measures inflation, is 0.07 per cent points higher from the points recorded in November. A report released by the NBS in Abuja, noted that the ...

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