Inflation Drops Marginally To 17.24% In April

  |   Nigeria News

Nigeria's consumer price index which measures inflation dropped marginally to 17.24 per cent in April from 17.26 per cent in March.

This is the third consecutive month of a decline in the headline CPI rate, exhibiting effects of some easing in already high food and non-food prices, as well as favourable base effects over 2016 prices.

The top items to have recorded the highest year-on-year increases across all the divisions were solid fuels, bread and cereals, meat, liquid fuels, and clothing materials.

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