BREAKING: Inflation Hits 12.20 Percent In February 2020

Nigeria’s headline inflation has recorded yet another rise to 12.20 percent in February, from the 12.13 percent recorded in January the same year.

A report published by the National Bureau of Statistics on Tuesday revealed that food inflation increased marginally Year on Year to 14.90% in January 2020, compared to the figures obtained (14.85%) in January 2019.

Core Inflation also rose to 9.43% in January 2020 compared to the 9.35% figures in January 2020.

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