INFLATION RISES TO 11.61 PERCENT

By Godson Ikiebey-

The consumer price index, which measures inflation, rose to 11.61% in October, 2019. 

This is reflected in the data released by the National Bureau of Statistics (NBS). 

It represent an increase of 0.37 percentage points compared to 11.24% recorded in September, 2019. 

This was the exact inflation rate recorded in May 2018 when the country was recovering from the recession and high inflation rate.

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