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Inflation rate drops for the 16th consecutive time

Nairametrics
The Nigerian Bureau of Statistics (NBS), on Wednesday, released the Consumer Price Index (CPI) for the month of May. Inflation fell to 11.61% year-on-year in May. This represents a 0.87% decline from the rate recorded in April 2018 (12.48%), and the 16th consecutive disinflation since January 2017. Details later… Facebook Twitter LinkedIn WhatsApp
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