Nigeria: Economic Statistics and News Brief (October 15-19, 2018)

October 26, 2018

1.1 Inflation

Data from National Bureau of statistics show that Nigeria’s annual inflation rate rose to 11.28% in September of 2018 from 11.23% recorded in August, the highest inflation rate since May when it was roughly 11.6%. The Bureau stated that the 0.05% increase is mainly attributable to the rise in food prices from 13.16% in August to 13.31% in September 2018.

Please click the link below to read more. NEWS WEEK, OCTOBER 15-19, 2018

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