CONSUMER PRICE INDEX (CPI) Archives - Global Upfront Newspapers

Nigeria Reduces Inflation Rate, But The Cost Of Living Remains High – Here’s Why

Global UpfrontMar 6, 2025March 6, 20250

By Taiwo Hassan Odugbemi Nigeria recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation

Nigeria: After Rebasing, NBS Puts Headline Inflation at 24.48% in January from 34.80% in December

Global UpfrontFeb 18, 2025February 18, 20250

Following its rebasing, the Consumer Price Index (CPI) which measures the rate of change in prices of goods and commodities declined to 24.48 per cent

Nigeria’s Inflation Surges To 33.69% In April, From 33.20% In March

Global UpfrontMay 15, 2024May 15, 20240

Nigeria’s inflation rate continues it upward swing, surging to 33.69 per cent in April despite the considerable gains of the currency, Naira, in the official

Growing Anxiety As Nigeria’s Inflation Rate Rises To 29.90%, Almost 1% Increase From December 2023

Global UpfrontFeb 15, 2024February 15, 20240

There is growing anxiety among Nigerians over the spiraling cost of goods and services as Nigeria’s inflation increased to 29.90 per cent in January 2024

As Food Prices Soar, Nigeria’s Headline Inflation Rises To 26.72% In September, From 25.80% In August 2023

Global UpfrontOct 16, 2023October 16, 20230

Nigeria’s inflation rate rose to 26.72% in September 2023 amid soaring food prices and harsh economic realities occasioned by the removal of fuel subsidy in

Nigeria’s Inflation Rate Jumps To 25.8% In August, From 24.08% in July

Global UpfrontSep 15, 2023September 15, 20230

The National Bureau of Statistics (NBS) on Friday said Nigeria’s headline inflation rate rose year-on-year (YoY) by 1.72 percentage points to 25.8 percent in August