Nigeria’s Inflation Rate Slows To 17.93%

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.93 percent in May from 18.12 in April.
This is according to the ‘Consumer Price Index Report’, released by the National Bureau of Statistics (NBS), on Tuesday.
The food inflation also reduced to 22.28 percent in May from 22.72 in April.

Details Shortly…….

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