NBS reveals Decline in inflation for 7th consecutive month

The National Bureau of Statistics has revealed that Nigeria’s inflation rate declined for the seventh consecutive month to 15.99 per cent in October.
The Statistician-General of the Federation, Simon Harry, disclosed this in Abuja while presenting the details of the Consumer Price Index report for October.
According to him, the inflation rate fell by zero-point-three-seven per cent, from sixteen-point-three-six per cent in September.