Inflation Rises To 9.4 Per Cent In September

Channels Television  
Updated October 15, 2015

NairaNigeria’s headline inflation for the month of September nudged up marginally to 9.4 per cent. This is 0.1 per cent higher than the level in August.

In its latest report, the National Bureau of Statistics attributed the increase to higher food and non-food divisions which contribute to the headline index.

Food inflation rose marginally to 10.2 per cent year-on-year in September from 10.1 per cent in August.

The Bureau also added that the largest increases were recorded in books and stationery groups, as a result of the start of the new school year.

The headline inflation has increased in eight out of the nine months so far in 2015.