The National Bureau of Statistics said the country’s Consumer Price Index which measures inflation drops to 13.34 per cent year-on-year in March this year.
The bureau in the report said the 13.34 per cent rate for March is 0.99 percentage points less than the 14.33 per cent recorded in February.
Read Also
- Drop In Inflation report: A positive signal of Gov Monday Okpebholo's tailored policies - Paul Ezenwa
- CIBN Holds 17th Annual Conference, Focuses on Economic Progress
- Bill Gates advocates improved agricultural productivity to reduce malnutrition in Nigeria
- We Did Not Warn Nigerians Against Bread Consumption - NAFDAC
This is the 14th consecutive months since January 2017 that the country will be experiencing slowdown in inflation.