CPI Measures Inflation At 11.44%
The consumer price index, (CPI) which measures inflation increased by 11.44 percent (year-on-year) in December 2018.
This was contained in the December 2018 CPI/Inflation report released by the National Bureau of Statistics released today, all the divisions that contribute to headline index increased.
Recall that CPI, had measured inflation to be at 11.26% in October from 11.28% recorded in September last year.
This is even as prices of food increased in four states of the country between September and October, 2018.
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source https://www.naijanews.com/2019/01/16/just-in-rate-of-inflation-increases-hits-11-44/
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