Aug 17 (Lagos) - Headline Inflation rose to 12.82% y/y (0.26% higher than 12.56% y/y in June 2020)
- The food sub-index rose for an eleventh consecutive month, to 15.48% y/y from 15.18% y/y in June 2020, while the All items less farm produce sub-index declined to 10.10% y/y from 10.13% y/y in June 2020.
- Consumer Price Index (CPI) which measures inflation grew by 1.25% m/m (a rise of +0.04% from what was recorded in June 2020 of 1.21% m/m)
reporting for easykobo.com on Monday, Aug 17 2020 from Lagos, Nigeria