Thursday 16 April 2015

Nigeria inflation edges higher to 8.5 pct yr/yr in March

The National Bureau of Statistics, NBS, says Nigeria's consumer inflation hit 8.5 percent year-on-year in March, up slightly from 8.4 pct in February.

The Statistics office, which stated this in its latest inflation data on Thursday, food inflation, the biggest contributor to the main consumer index was 9.4 percent in March, unchanged from the previous month.

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