FOOD INFLATION now 17.38%   


Nov 17 (Lagos) - Headline Inflation rose to 14.23% y/y (0.52% higher than 13.71% y/y in September 2020)


The food sub-index rose for a fourteenth consecutive month, to 17.38% y/y from 16.66% y/y in September 2020, while the All items less farm produce sub-index also rose to 11.14% y/y from 10.58% y/y in September 2020.


Consumer Price Index (CPI) which measures inflation grew by 1.54% m/m (a rise of +0.06% from what was recorded in September 2020 of 1.48% m/m)



reporting for easykobo.com on Tuesday, Nov 17 2020 from Lagos, Nigeria
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