Price List
Posted 1 year ago

Nigeria Inflation Rate Drops for 2nd Month

Join us
Share post
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on email
Share on print

Nigeria’s annual inflation rate eased for the second straight month to 17.93% in May of 2021 from 18.12% in April, amid a slight slowdown in prices of food & non-alcoholic beverages & tobacco (22.28% vs 22.72% in April) and despite a recent currency devaluation. Still, the annual core inflation, which excludes the prices of volatile agricultural produce hit 13.15% in May, the highest since April of 2017. On a monthly basis, consumer prices inched up 1.01%, following a 0.97% increase in the prior month.

Leave a Comment

Related Posts

Online Signup

Click the button below to signup via our online form

Download, Print, Fill & Submit.

Click the button below to download our Account Opening Form

Sign Up for Our Newsletter

To receive market information.

Your privacy is importan to us, see our Privacy policy