+234-703-382-3104, +234-806-729-6988    editor@witicles.com
Witicles™ on Facebook Witicles™ on TwitterWiticles™ on Google+Witicles™ BlogSend Email to Witicles™
Witicles.com





Author Box


Abiola Benjamin ObayomiAbiola Benjamin Obayomi
Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeria work.
Joined 5 years ago
From Abuja, Nigeria
Total Articles 298

Recent Articles From Author

# Fathering With Ease: Understanding What God Requires of You As a Father
# Understanding Spiritual Partnership: Partnering With God for A Lasting Success in Life
# The Disposition of Believers To The Second Coming of Christ Jesus
# How to Avoid Distraction In Life and Ministry

Namecheap.com Namecheap.com
Shop for Books online in Nigeria at kpiBooks.com.ng Order your favourite books online now, Save the stress & Pay online or with cash at Your Doorstep!


We help our esteemed clients develop web strategy that works!
Call us @ +234 803 578 3880
Article Category >>>Business and Economy

Inflation Drops For The Second Time In 16 Months

By Abiola Benjamin Obayomi       Apr 13, 2017



Inflation Drops For The Second Time In 16 Months



The year-on-year inflation rate fell for the second time in 16 months, but food prices stay on the high side, the National Bureau of Statistics (NBS) has revealed.

Year-on-year headline inflation dropped to 17.26 percent in March 2017 from 17.78 percent in February 2017 but month-on-month rose by 1.72 percent from 1.49 percent in the previous month.

In March 2017, year-on-year food inflation came in at 18.44 percent from 18.53 percent in February 2017. On a monthly basis, food prices rose by 2.21 percent from 1.99 percent driven by hike in the prices of bread, cereals, eggs, milk, meat, yam, potato and other tubers.

“During the month, the highest increases were seen in Miscellaneous services relating to the dwelling, electricity, solid fuels, clothing materials and other articles of clothing, Liquid fuel, Spirits as well asFuels and lubricants for personal transport equipment,” NBS said via the March inflation report.

Despite the drop, inflation rate still remains at an 11-year high, as Nigeria inches its way out of its deepest recession in nearly three decades.

TheCable



  
1141


If you need to re-publish this ARTICLE, please cite this article - (https://witicles.com/inflation-drops-for-the-second-time-in--months-24603.html) and the Writer (Abiola Benjamin Obayomi)

Do You Find This Article Helpful?


Article Tags: Economy, Inflation, Witicles
Save the Stress, Shop for Books Online in Nigeria - kpiBooks.com.ng
Article Source
Abiola Benjamin ObayomiAbout Abiola Benjamin Obayomi
Abiola Benjamin Obayomi Abiola Benjamin ObayomiAbiola Benjamin ObayomiAbiola Benjamin ObayomiAbiola Benjamin Obayomi

  Real Estate is my Profession. The change we need in Nigeria begins with all of us doing things differently. Collectively, we can make Nigeria work.


Social Sharing
If You Enjoyed This Article; Then, Share It On Your Social Network



     Copy This Short Link To The Article: http://i.witicles.com/n2Z7k Inflation Drops For The Second Time In 16 MonthsInflation Drops For The Second Time In 16 MonthsInflation Drops For The Second Time In 16 MonthsInflation Drops For The Second Time In 16 Months



Post Comment


Article Comments

No comment found! Be the first to share your thoughts on this article!



Namecheap.com
Related Articles




Author's Articles





My Accounts Categories Useful Links Affiliate Links Follow Us
Witicles.com is not a mere article directory; but Trusted Online Article Directory of syndicated articles on 27 core topics, including health and fitness, finance, business and economy, life improvement, real estate, politics, leadership, management and education. Authors publish articles for free and share knowledge with potential customers.


Lost Password
Sign In
Sign Up
News and Society (169)
Self Improvement (159)
Business and Economy (103)
Leadership (125)
Politics (78)
Arts & Entertainment (44)
Health & Fitness (127)
Religion and Kingdom (60)
Real Estate (16)
Computers & Technology (21)
About Us
Advertise With Us
Contact Us
How To Submit Articles
Article Writing Tips
Sitemap





Leadersoil
Hubpile
Pay4ebooks
kpiBooks
Fridayposts
Flickers of Hope Foundation





CentreNDL on Facebook  Facebook

CentreNDL on Twitter  Twitter

CentreNDL on Google+  Google+

CentreNDL Blog  Blog

Send Email to Hubpile  Email