INFLATION rises to 15.75%   


Jan 15 (Lagos) - Headline Inflation rose to 15.75% y/y (0.86% higher than 14.89% y/y in November 2020)

The food sub-index rose for a sixteenth consecutive month, to 19.56% y/y from 18.30% y/y in November 2020, while the All items less farm produce sub-index also rose to 11.37% y/y from 11.05% y/y in November 2020.


Consumer Price Index (CPI) which measures inflation grew by 1.61% m/m (a rise of +0.01% from what was recorded in November 2020 of 1.60% m/m)



reporting for easykobo.com on Friday, Jan 15 2021 from Lagos, Nigeria
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