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Nairaland Forum / Nairaland / General / Business / Inflation Rate Rises From 11.14% To 11.23% In August – NBS (11293 Views)
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Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Johnnyessence(m): 1:55pm On Sep 14, 2018 |
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/ |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by OBAUX01(m): 12:53pm On Sep 15, 2018 |
Why are things getting worse in this country on dailies? 10 Likes |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Victoloski: 12:54pm On Sep 15, 2018 |
C |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Imustreturn(m): 12:54pm On Sep 15, 2018 |
E done be Buhari is our perosident 17 Likes 2 Shares
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Racoon(m): 12:54pm On Sep 15, 2018 |
When Recession & unnecessary borrowings even in the midst of recovered/relooted funds & spurious IGRs are just bywords according to this wonder government. 6 Likes |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by ijebuloaded(m): 12:55pm On Sep 15, 2018 |
12 Likes 1 Share |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by israelmao(m): 12:56pm On Sep 15, 2018 |
The best performing economy in Africa cannot be found in inflationary spiral. 15 Likes |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Jh0wsef(m): 12:56pm On Sep 15, 2018 |
aleeyus: the time you typed this for the purpose of booking space is enough for three users to be ahead of you 1 Like 1 Share |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by FODA(m): 12:56pm On Sep 15, 2018 |
I don't know what to write jare,dry bone shall rise again,but buhhary why now? |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by saintjimos(m): 12:56pm On Sep 15, 2018 |
GOD BLESS NIGERIA WHY WONT IT RAISE WHEN WE ARE IN ELECTION ERA AFTER THIS , WHAT ELSE? MONEY IS GONE |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nobody: 12:56pm On Sep 15, 2018 |
Wonderful! This is what befalls a nation that elects a President that cannot punch ordinary calculator 16 Likes 2 Shares |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by awa(m): 12:56pm On Sep 15, 2018 |
OK |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by ItzBIM(m): 12:57pm On Sep 15, 2018 |
Someone has been printing more money to pay for our Chinese debt 11 Likes 1 Share |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by GentleMoney: 12:57pm On Sep 15, 2018 |
2 Likes
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by ItzBIM(m): 12:59pm On Sep 15, 2018 |
OBAUX01: Because you voted in an illiterate as president. 18 Likes 2 Shares |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Nelchuksmandela(m): 1:00pm On Sep 15, 2018 |
I'm not surprise bcoz election is at d corner.........fellow Nigerians expect more inflationary figure |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by olaolulazio(m): 1:01pm On Sep 15, 2018 |
This is politics...... |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by kernel001: 1:01pm On Sep 15, 2018 |
Sai Barber! 2 Likes |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by atilla(m): 1:01pm On Sep 15, 2018 |
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. 12 Likes 2 Shares |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by israelmao(m): 1:01pm On Sep 15, 2018 |
Fukafuka: This is the true meaning of inflation a mountain of Akpu chasing little soup. Fukafuka: Fukafuka: This is the true meaning of inflation a mountain of Akpu chasing little soup. 5 Likes 1 Share
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by id4sho(m): 1:03pm On Sep 15, 2018 |
BUHARI #BACKTODAURA 5 Likes 1 Share
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Oluwaseyi456(m): 1:07pm On Sep 15, 2018 |
Adeosun |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by WizJesus007(m): 1:08pm On Sep 15, 2018 |
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! 1 Like |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by adetes: 1:10pm On Sep 15, 2018 |
Am still in charge
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by PresidentAtiku(m): 1:11pm On Sep 15, 2018 |
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Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by dbynonetwork: 1:12pm On Sep 15, 2018 |
BUHARI must go..... 6 Likes 1 Share |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by Teacher1776(m): 1:14pm On Sep 15, 2018 |
Boo!!! This is exactly what obtains when fraudsters are the ones managing our resources. 2 Likes |
Re: Inflation Rate Rises From 11.14% To 11.23% In August – NBS by dazzlingd(m): 1:17pm On Sep 15, 2018 |
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 9 Likes 2 Shares |
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