“The urban inflation rate increased by 12.85% (year-on-year) in February 2020 from 12.78% recorded in January 2020, while the rural inflation rate increased by 11.61 in February 2020 from 11.54% in January 2020.
Dr Yemi Kale, Statistician General, NBS [proshareng]
The annual inflation rate for the United States is 0.6% for the 12 months ended June 2020 as compared to 0.1% previously, according to U.S. Labor Department data published on July 14, 2020. This is the latest Consumer Price Index and Inflation Rate data for the United States.
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Core consumer prices in Nigeria increased 10.13 percent in June of 2020 over the same month in the previous year. These cookies will be stored in your browser only with your consent.
Source:
ET.
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It will offer the rate of inflation over the 12 months ended July 2020.
The next inflation update is scheduled for release on August 12, 2020 at 8:30 a.m.
This is 0.07% points higher than the rate recorded in According to the report, this rise in the food index was caused by increases in prices of Bread and Cereals, Fish, Meat, Vegetables, and Oils and fats.Salary earners, especially those on a fixed income like minimum wage may find it difficult to get more items as purchasing power will drastically reduce. We'll assume you're ok with this, but you can opt-out if you wish. Nigeria’s Inflation Rate hits 12.13% in January 2020. But opting out of some of these cookies may have an effect on your browsing experience.Necessary cookies are absolutely essential for the website to function properly.
Nigeria's inflation rate hits the highest in 22 months in February 2020 at 12.20%.
Core Inflation Rate in Nigeria averaged 10.21 percent from 2007 until 2020, reaching an all time high of 19.28 percent in January of 2007 and a record low of 0.49 percent in March of 2008.
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