CPI Measures Inflation At 11.44%
The consumer price index, (CPI) which measures inflation increased by 11.44 percent (year-on-year) in December 2018.
This was contained in the December 2018 CPI/Inflation report released by the National Bureau of Statistics released today, all the divisions that contribute to headline index increased.
This is even as prices of food increased in four states of the country between September and October, 2018.
More to follow…