TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Inflation rises to 14.89 per cent

The Citizen by The Citizen
December 16 2020
in Latest News
A A
0
Nigeria: Inflation drops to 11.61 % in May – NBS

The National Bureau of Statistics (NBS) on Tuesday said inflation rose to 14.89 per cent in November.

In October, it stood at 14.23 per cent, an indication that it rose by 0.66 per cent in the period under review.

It made this known in its Consumer Price Index (CPI) November.

The corresponding 12-month year-on-year, NBS said, average percentage change for the urban index was 13.65 per cent  in the period under review.

According to the NBS, this is higher than 13.29 per cent reported in October 2020, while the corresponding rural inflation rate in November 2020 is 12.35 per cent compared to 12.09 per cent recorded in October 2020.

NBS said: “The consumer price index, (CPI) which measures inflation increased by 14.89 percent (year-on-year) in November 2020. This is 0.66 percentage points higher than the rate recorded in October 2020 (14.23 per cent).”

The document said percentage change in the average composite CPI for the twelve months period ending November 2020 over the average of the CPI for the previous 12 months period was 12.92 percent, representing a 0.26 percentage point increase over 12.66 per cent recorded in October 2020.

It added that monthly, the urban index rose by 1.65 percent in November 2020, up by 0.05, from 1.60 per cent recorded in October 2020, while the rural index also rose by 1.56 per cent in November 2020, up by 0.08 from 1.48 per cent recorded in October 2020.

Continuing, the report said the urban inflation rate increased by 15.47 per cent (year-on-year) in November 2020 from 14.81 per cent recorded in October 2020, while the rural inflation rate increased by 14.33 percent in November 2020 from 13.68 per cent in October.

It said monthly, the Headline index increased by 1.60 percent in November 2020.

This is, according to the document, 0.06 percentage points higher than the rate recorded in October 2020 (1.54 percent). Increases were recorded in all COICOP divisions that yielded the Headline index, said the NBS.

Previous Post

Senate passes Finance Bill 2020

Next Post

Kaduna State closes down schools over COVID-19

Related Posts

Economy: ₦1m salary worthless without stable Naira – NLC
Headlines

NLC mobilises for nationwide strike over minimum wage, petrol prices as talks collapse

October 23 2026
Ebola: FG quarantines contacts, denies plan to ban gatherings, rallies
Headlines

Ebola: FG quarantines contacts, denies plan to ban gatherings, rallies

October 23 2026
Bandits attack Zamfara community, kill eleven
Latest News

Zamfara community fights back bandits, kills 30

October 23 2026
Ebola epidemic erupts again in Congo
Headlines

FG warns 15 states to speed up readiness over Ebola

October 23 2026
Nollywood veteran, Francis Duru, dies at 57
Latest News

Nollywood veteran, Francis Duru, dies at 57

October 23 2026
Tinubu’s reforms made every Nigerian poorer, says Obasanjo
Latest News

Tinubu’s reforms made every Nigerian poorer, says Obasanjo

October 22 2026
Next Post
Kaduna students, teachers, Edo Judge regain freedom from kidnappers

Kaduna State closes down schools over COVID-19

Tinubu breaks silence on APC crisis, NWC dissolution, 2023 ambition

2023: South-West APC leaders tell Tinubu to join presidential race

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

by The Editor
October 23 2026
0

...

Ooni, Omisore mourn Afenifere leader Fasoranti

Ooni, Omisore mourn Afenifere leader Fasoranti

by The Editor
October 21 2026
0

...

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

APPOINTMENTS

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

Gov. Okpebholo elevates ex-BBNaija housemate to adviser

by The Editor
October 22 2026
0

...

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Netanyahu orders army to prepare for full West Bank closure after attack

Netanyahu orders army to prepare for full West Bank closure after attack

by The Editor
October 23 2026
0

...

Coup: Russia warns ECOWAS, others against Niger intervention threats

Putin agrees to resume tri-lateral peace talks with Ukraine, US in November

by The Editor
October 22 2026
0

...

US orders diplomats, families to leave Saudi Arabia amid deadly attacks

US orders diplomats, families to leave Saudi Arabia amid deadly attacks

by The Editor
October 22 2026
0

...

Nigeria assesses risk as Ebola kills three in Guinea

Ebola: US issues health advisory to citizens in Nigeria

by The Editor
October 21 2026
0

...

Court finds Kenyan cult leader guilty over 191 starvation deaths

Court finds Kenyan cult leader guilty over 191 starvation deaths

by The Editor
October 20 2026
0

...

State of the States

Ogun State mulls relocation of communities over gas leak

Ogun State mulls relocation of communities over gas leak

by The Editor
October 23 2026
0

...

Gombe confirms cholera outbreak, treats 74 patients

Gombe confirms cholera outbreak, treats 74 patients

by The Editor
October 21 2026
0

...

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Netanyahu orders army to prepare for full West Bank closure after attack

Netanyahu orders army to prepare for full West Bank closure after attack

October 23 2026
Fasoranti: Family announces Dec 17 for funeral

Fasoranti: Family announces Dec 17 for funeral

October 23 2026
Tinubu has incumbency advantage, but 2027 is still unpredictable – Saraki

Offa robbery saga: Ilorin High Court denies Saraki’s plea despite DPPF’s advice

October 23 2026
Economy: ₦1m salary worthless without stable Naira – NLC

NLC mobilises for nationwide strike over minimum wage, petrol prices as talks collapse

October 23 2026

EDITORIAL REVIEW

Four states hold high-level talks to tackle insecurity

Boko Haram compounding Nigeria’s case – Punch

by The Editor
October 23 2026
0

Nigeria’s inflation rate falls to 15.43% in July

Economic stability must become shared prosperity – Punch

by The Editor
October 22 2026
0

Nigeria’s vote-buying scourge – Punch

Nigeria’s vote-buying scourge – Punch

by The Editor
October 21 2026
0

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.