Report: CPI Rebasing May Lower Nigeria’s Inflation Rate

Newtelegraphng | 17-01-2025 01:27am |

ShareThe National Bureau of Statistics’ (NBS) decision to rebase the Consumer Price Index (CPI)- used to track household expenditure- may result in the lowering of Nigeria’s high inflation rate, according to a Bloomberg report. The report noted that the changes will come into effect at the end of this month, after the publication of December...The post Report: CPI Rebasing May Lower Nigeria’s Inflation Rate appeared first on New Telegraph.

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