Nigeria’s headline inflation falls for fourth straight month - | cape town south africa vacation

June 19, 2017 12:12 pm
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Nigeria’s headlineinflation rate has continued its steady decline. New figures released by the country’s Bureau of Statistics put the inflation rate at 16.25 percent for the month of May. It’s 0.99 percentage points lower the rate recorded in April, making it the fourthstraightmonth in which the rate has fallen. It’s a different story, however, for the food index, which is still trending upwards. CGTN’s Deji Badmus has more.

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