Inflation rises to 15.63% after 8-month decline

  • 📰 Daily Trust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Nigeria’s inflation rate had been on a steady decline in the past 8 months since April 2021, moderating from the highs recorded in the previous year.

igeria’s headline inflation rose to 15.63 per cent in December 2021, reversing an eight-month prior decline, a report by the National Bureau of Statistics has revealed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bullshit

I don't understand this economic theory. If inflation is declining why is the prices of food on the increase?

.... actually the report makes sense. reduction in inflation RATE simply means that the RATE of inflation has slowed (not stopped or not decreasing) Eg;- if the cost of goods were increasing by N20, this drop in inflation RATE means increase has slowed to N10

Hhhmmm. Na so ours Nigerian Marketers be the don't want to the rate of price breakdown 🙄

your propaganda arrived dead. Inflation rate is on the decline and cost of goods is soaring. Make una borrow sense if una no get

Ratio.

Paid news.. How can inflation rate decline yet Price of goods are increasing daily

Not good, for a country with large population employed, in the informal sectors.

Daily Liar!!!!

Liar

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

At least 15 killed in DR Congo violence | The Guardian Nigeria News - Nigeria and World NewsAt least 15 people have died in separate attacks by armed groups in DR Congo's troubled northeastern province of Ituri, local sources No peace through out the world
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Gunmen abduct 15 in Niger - OfficialHe said a team of police had been drafted to the area for search and rescue of the abducted victims.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Gunmen abduct 15 in attack on Niger community | TheCableAt least 15 persons have been kidnapped following an attack by gunmen on a community in Niger state. nharth___ I follow back 100% ☘️ 1DDrive nharth_ EndSARS AFCON2022 At22 TeamWhiteNigerian When will there ever be a breaking good news out of Naija?
Source: thecableng - 🏆 2. / 80 Read more »

Gunmen Abduct 15 In Niger State – PoliceGunmen have abducted 15 persons in Niger State. The military once said they are winning the war, abeg make I ask, where are they winning it? for twitter abi na Facebook? I was in Niger state two weeks ago. I nearly called it other nations. The road is out in that state I cannot be too surprised or so disappointed hearing such news..simply because of the political game & sentiments in its.diz governments call them Gunmen,Bandits so they are handled with levity..if they decides to stop playing politics with their region,they know what to do.🙌
Source: channelstv - 🏆 7. / 63 Read more »

After eight months decline, inflation rises to 15.63%, FG’s 2022 target shaky - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »