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Nairaland Forum / Nairaland / General / Business / Inflation Rises To Three-year High At 11.4% (393 Views)
Nigeria’s External Reserves Hit 3-year High At $33.112 Billion / Crude Prices Hit $46 A Barrel Record-year High / Nigeria's Inflation Surges To Three Year High Of 11.4% - Bloomberg (2) (3) (4)
Inflation Rises To Three-year High At 11.4% by ifyan(m): 7:46am On Mar 16, 2016 |
The National Bureau of Statistics on Tuesday stated that an increase in major food items such as fish, vegetables and bread pushed the Consumer Price Index, which measures inflation, from 9.6 per cent in January to 11.4 per cent in February. The 11.4 per cent for February, which is the highest in almost three years, is an increase of 176 basis points from what was recorded in January. The last time Nigeria recorded a double-digit inflation rate was in December 2012. The bureau stated that the faster pace of increase, which led to the overall rise in the headline index, was recorded across almost all major divisions that contributed to the Headline index, with the exception of the restaurants and hotels division. For instance, the report stated that after increasing at the same pace for two months, the Food...... Read more@http://www.nairausd.com/2016/03/inflation-rises-to-three-year-high-at.html?m=1 Twitter@nairausd Facebook@IfyAn ify
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Re: Inflation Rises To Three-year High At 11.4% by psucc(m): 7:52am On Mar 16, 2016 |
Yes it was anticipated.
The change we have is not the change we needed. |
Re: Inflation Rises To Three-year High At 11.4% by ifyan(m): 7:54am On Mar 16, 2016 |
psucc: No economic plan from this current administration. Though this was anticipated |
Re: Inflation Rises To Three-year High At 11.4% by lekkie073(m): 7:57am On Mar 16, 2016 |
Thanks to buhari |
Re: Inflation Rises To Three-year High At 11.4% by nnachukz(m): 7:57am On Mar 16, 2016 |
Only PDP supporters buy things at higher cost. This statement happens when a politician knows his supporters are zombies , who keep suffering and smiling even as they die gradually and certainly. |
Re: Inflation Rises To Three-year High At 11.4% by ifyan(m): 8:01am On Mar 16, 2016 |
nnachukz: They know the truth but live in denial. |
Re: Inflation Rises To Three-year High At 11.4% by ifyan(m): 8:28am On Mar 16, 2016 |
God bless us |
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