Just In: Nigeria's inflation declines to 18.12% in April

Headline inflation declined to 18.12% in April 2021, representing 0.05 percent point year-on-year (YoY) fall when compared to 18.17 percent recorded in March 2021.

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This is according to the Consumer Price Index report, recently released by the National Bureau of Statistics (NBS).

Food inflation stood at 22.72% in April 2021 from 22.95% recorded in the previous month, while Core Inflation increased to 12.74% in April 2021 from 12.67% recorded in March 2021.

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More details to come

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