News
Huge Setback For Tinubu’s Govt As Inflation Rate Hits Over 22%
EKO HOT BLOG reports that the National Bureau of Statistics (NBS) has said the Consumer Price Index (CPI) rose to 22.41 percent in May 2023, up from 22.22 percent in the previous month.
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The NBS made the country’s May inflation known in the latest CPI report released on Thursday in Abua.
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This online media platform gathered that the CPI measures the rate of change in prices of goods and services (inflation) in the country.
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