Ifeanyi Onuba , Abuja
The National Bureau of Statistics on Friday released the Consumer Price Index which measures inflation with the rate rising from 11 .14 per cent in July to 11 .23 per cent in August .
The bureau in the report which was made available to our correspondent stated that this is the first year on year rise in headline inflation following the eighteenth consecutive decline in the inflation rate .
It said , “The consumer price index, which measures inflation increased by 11 .23 per cent ( year -on -year ) in August 2018.
“This is 0 .09 per cent points higher than the rate recorded in July 2018 ( 11 .14 per cent) and represents the first year on year rise in headline inflation following the eighteenth consecutive disinflation .
“Increases were recorded in all divisions that yielded the Headline index.
“On a month- on -month basis , the headline index increased by 1. 05 per cent in August 2018 , down by 0 .08 per cent points from the rate recorded in July 2018 ( 1 .13 per cent) .” https://punchng.com/inflation-rate-rises-from-11-14-to-11-23-in-august-nbs/

Why are things getting worse in this country on dailies?

C

E done be


Buhari is our perosident

OBAUX01:
B

Victoloski:
C

Racoon:
B

Whats your aim in Life?

The best performing economy in Africa cannot be found in inflationary spiral.

aleeyus:
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the time you typed this for the purpose of booking space is enough for three users to be ahead of you

I don't know what to write jare,dry bone shall rise again,but buhhary why now?

GOD BLESS NIGERIA
WHY WONT IT RAISE WHEN WE ARE IN ELECTION ERA
AFTER THIS , WHAT ELSE?

MONEY IS GONE

Wonderful! This is what befalls a nation that elects a President that cannot punch ordinary calculator

OK

Someone has been printing more money to pay for our Chinese debt

OBAUX01:
Why are things getting worse in this country on dailies?

Because you voted in an illiterate as president.

I'm not surprise bcoz election is at d corner.........fellow Nigerians expect more inflationary figure

This is politics......

Sai Barber!

When I keep hearing inflation is going down. I don't see the effect in the petrol or commodities I buy. Everything seems to be going up rather than down. Can anyone say they went to buy something and they tell you Oga the price has come down oh in the lest year??

I even prefer the days when inflation was 18 percent. At least we were enjoying 18% interest on treasury bills and other deposits.

Fukafuka:

This is the true meaning of inflation a mountain of Akpu chasing little soup.

Fukafuka:

This is the true meaning of inflation a mountain of Akpu chasing little soup.

Fukafuka:

This is the true meaning of inflation a mountain of Akpu chasing little soup.

BUHARI

#BACKTODAURA

Adeosun

Shey adeOsun abi adeOgun don go na...wetin again... No giv us story again or else we go vex vote jang abi chang be him name!

Am still in charge

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BUHARI must go.....

Boo!!!
This is exactly what obtains when fraudsters are the ones managing our resources.

Are the posters above me shouting buhari just naturally dumb.

Inflation has been on decline and it rises first time in 18 months.

At least it stands to mean that we have been enjoying a declining inflation, some credits should be given for the consistency for over 18 months.

If you must hate, hate with sense