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HomeBUSINESSInflation Drops To 15.91% | Trait News

Inflation Drops To 15.91% | Trait News

The National Bureau of Statis- tics, NBS, yesterday announced that the Consumer Price Index (CPI) which measure Inflation rate declined to 15.91 per cent Year-on-Year, YoY  in October, 2017.

This is 0.07 per cent points lower than the 15.98 percent recorded in September 2017, making it the ninth consecutive decline in the headline Y-o-Y inflation since January this year.

the News is heartening, but more still need to be done!



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