Inflation rises to 12.20% in February


The National National Bureau of Statistics has announced a rise in Nigeria’s headline inflation.

In its latest report released on Tuesday, the NBS said inflation rose to  12.20 percent in February.

The figure increased by 0.07 per cent from 12.13 percent recorded in January.

It adds that food inflation increased marginally Year on Year to 14.90% in January while core Inflation rose to 9.43% in January.

More to follow…

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