The Consumer Price Index which measures inflation rate drops to 11.02 % in August from 11.08% in July this year.
According to data released by the National Bureau of Statistics on Tuesday, the figure is 0.06 percent points lower than the previous month.
The drop in inflation continued despite several pronouncements regarding restrictions on the import of some food items, minimum wage and the recent border closures.
The border was only closed August 20 with only 11 days of 31 days for any significant impact to be felt either way on prices.
in a further breakdown, urban index in August rose by 11.48% compared to August 2018
Comparing figures between August 2018 and August 2019, food inflation was highest in Kebbi at 17.02%, Kano at 16.08% and Adamawa at 15.95%
Also comparing figures between July and August this year, food inflation was highest in Akwa ibom at 2.56%, Enugu:2.37% and Ogun at 2.17%
