Headline Inflation rose from 17.1% to 17.6% in August- Statistician General of the Federation says

Headline Inflation rose from 17.1% to 17.6% in August- Statistician General of the Federation says

Two weeks after it released a report stating that the economy was indeed in recession, the Statistician General of Nigeria and CEO of the Nigerian National Bureau of Statistics, Yemi Kale, has released the August 2016 CPI/inflation, PMS, Diesel and Kerosene price watch reports. According to the report, in the month of August, headline Inflation rose by 17.6% yr on yr from 17.1% in July. Read more after the cut..