Nigerian Inflation drops to 15.13 % in January

In more positive note on the economy, the inflation rate dropped to 15.13 per cent in January from 15.37 per cent recorded in December, 2017, according to the National Bureau of Statistics.

This was disclosed in the NBS Consumer Price Index report for January 2018 released Wednesday in Abuja.

The CPI, which measures inflation, started the year 2018 increasing by 15.13 percent (year-on-year) in January 2018, which is 0.24 per cent points lower than the rate recorded in December (15.37 per...

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