Lagos - Nigeria's consumer price index (CPI) which measures inflation rose to
8.2 percent in June compared to the 8 percent recorded in May, the
National Bureau of Statistics (NBS) has revealed in its Consumer Price
The 0.2 percent increase is attributed to the marginal
increase in food prices which went up to 9.8 percent in June, up from
9.7 percent in May, reports Peoples Daily.
The highest food price increases were recorded in potatoes, yams, other tubers, bread, cereals, meat and fish groups.
This is the fourth consecutive month of year-on-year increases in inflation since the pace of price increase eased in February.
Read more at Peoples Daily.
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