• About Us
  • Education
  • For The Record
  • Opinion
  • Press Releases
  • Contact Us
Sunrise Times
  • Home
  • News
  • Politics
  • Business
  • Foreign
  • Health
  • Sports
  • Entertainment
    2023: Sanwo-Olu Congratulates Lagosians, Promises More Impacting Governance, Steadfast Leadership

    2023: Sanwo-Olu Congratulates Lagosians, Promises More Impacting Governance, Steadfast Leadership

    Opera Mini becomes the most downloaded app in Nigeria on Google Play Store

    Opera Mini becomes the most downloaded app in Nigeria on Google Play Store

    890 LASG Sponsored Youths Graduate From Film Academy

    890 LASG Sponsored Youths Graduate From Film Academy

    WE’LL COLLABORATE WITH MORE INDUSTRY PLAYERS TO GROW CREATIVE SECTOR IN LAGOS, SAYS SANWO-OLU

    WE’LL COLLABORATE WITH MORE INDUSTRY PLAYERS TO GROW CREATIVE SECTOR IN LAGOS, SAYS SANWO-OLU

    Okowa, NSCDC Boss, Aduda, Ahmed Isah, others for Excellence Award in Abuja

    Okowa, NSCDC Boss, Aduda, Ahmed Isah, others for Excellence Award in Abuja

    BON Awards a Huge Brand Exposure Platform– Organisers

    BON Awards a Huge Brand Exposure Platform– Organisers

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Foreign
  • Health
  • Sports
  • Entertainment
    2023: Sanwo-Olu Congratulates Lagosians, Promises More Impacting Governance, Steadfast Leadership

    2023: Sanwo-Olu Congratulates Lagosians, Promises More Impacting Governance, Steadfast Leadership

    Opera Mini becomes the most downloaded app in Nigeria on Google Play Store

    Opera Mini becomes the most downloaded app in Nigeria on Google Play Store

    890 LASG Sponsored Youths Graduate From Film Academy

    890 LASG Sponsored Youths Graduate From Film Academy

    WE’LL COLLABORATE WITH MORE INDUSTRY PLAYERS TO GROW CREATIVE SECTOR IN LAGOS, SAYS SANWO-OLU

    WE’LL COLLABORATE WITH MORE INDUSTRY PLAYERS TO GROW CREATIVE SECTOR IN LAGOS, SAYS SANWO-OLU

    Okowa, NSCDC Boss, Aduda, Ahmed Isah, others for Excellence Award in Abuja

    Okowa, NSCDC Boss, Aduda, Ahmed Isah, others for Excellence Award in Abuja

    BON Awards a Huge Brand Exposure Platform– Organisers

    BON Awards a Huge Brand Exposure Platform– Organisers

  • Interview
  • Feature
  • Gallery
  • Video
No Result
View All Result
Sunrise Times
No Result
View All Result

Nigeria’s Inflation Rate Rises Further To 21.91% In February 2023

Sunrise Times by Sunrise Times
March 15, 2023
in Business, News
0
GDP: ECONOMIST TASKS FG ON POLICIES IN MANUFACTURING, CONSTRUCTION SECTOR
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Nigeria’s inflation rate climbed to a new 17-year high of 21.91% in February 2023, representing a 0.09% point increase when compared to the 21.82% recorded in the previous month.

This is according to the recently released Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS).

The rise in the inflation rate is following a significant cash crunch experienced across the country on the backdrop of the new naira note design and uncertainties relating to the presidential election.

In the same vein, food inflation rose to 24.35% year-on-year in the review month from 24.32% recorded in the previous month. On the other hand, core inflation dropped to 18.84% from 19.16%.

According to the NBS, the rise in food inflation was caused by increases in prices of Oil and Fat, Bread and Cereals, Potatoes, Yam and Other Tubers, Fish, Fruits, Meat, Vegetable, and Food Products.

nairametrics

Tags: INFLATIONNAIRAMETRICS
Previous Post

Over 500 Athletes Jostle for Cash Prize in Zaria Grand Prix

Next Post

NLC Suspends Strike In Imo State

Sunrise Times

Sunrise Times

Next Post
MINIMUM WAGE: WORKERS CONSIDER STRIKE

NLC Suspends Strike In Imo State

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sunrise Times

We bring you the latest and the best news from around the globe as they happen.

Follow Us

Browse by Category

  • Business
  • Education
  • Entertainment
  • Feature
  • For The Record
  • Foreign
  • Health
  • Interview
  • News
  • Opinion
  • Politics
  • Press Releases
  • Sports
  • Video

Recent News

9th Nigeria Pitch Awards: Osimhen, Oshoala lead Winners

9th Nigeria Pitch Awards: Osimhen, Oshoala lead Winners

March 26, 2023
CBN Junior Tennis: Amassiani Shows Promise, Qualifies for Two Semifinals

CBN Junior Tennis: Amassiani Shows Promise, Qualifies for Two Semifinals

March 26, 2023
  • Home
  • News
  • Politics
  • Business
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Foreign
  • Health
  • Sports
  • Entertainment
  • Interview
  • Feature
  • Gallery
  • Video

© 2019 Sunrise Times All Rights reserved

Designed by Codify Solution