{"id":26325,"date":"2020-06-17T13:22:58","date_gmt":"2020-06-17T13:22:58","guid":{"rendered":"https:\/\/www.africa-press.com\/nigeria\/?p=26325"},"modified":"2020-06-17T13:22:58","modified_gmt":"2020-06-17T13:22:58","slug":"inflation-increased-by-12-40-percent-in-may-nbs","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs","title":{"rendered":"Inflation increased by 12. 40 percent in May \u2013 NBS"},"content":{"rendered":"<p>Africa Press-Nigeria:<\/p>\n<p>The consumer price index, (CPI) which measures inflation increased by 12.40 percent (year-on-year) in May 2020.<\/p>\n<p>National Bureau of Statistics (NBS ) made this known on it website on Wednesday.<\/p>\n<p>According to its Consumer Price Index May 2020 report, this present figure is 0.06 percent points higher than the rate recorded in April 2020 (12.34) per cent.<\/p>\n<p>The report said on month-on-month basis, the Headline index increased by 1.17 percent in May 2020, this is 0.15 percent rate higher than the rate recorded in April 2020 (1.02) percent.<\/p>\n<p>NBS noted that the \u201curban inflation rate increased by 13.03 percent (year-on-year) in May 2020 from 13.01 percent<br \/>\nrecorded in April 2020, while the rural inflation rate increased by 11.83 percent in May 2020 from 11.73<br \/>\npercent in April 2020.<\/p>\n<p>\u201cOn a month-on-month basis, the urban index rose by 1.18 percent in May 2020, up by 0.12 points from 1.06 percent recorded in April 2020, while the rural index also rose by 1.16 percent in May 2020, up by 0.18 points from the rate recorded in April 2020 (0.90 percent).\u201d<\/p>\n<p>The corresponding twelve-month year-on-year average percentage change for the urban index is 12.36<br \/>\npercent in May 2020, said the report<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa Press-Nigeria: The consumer price index, (CPI) which measures inflation increased by 12.40 percent (year-on-year) in May 2020. National Bureau of Statistics (NBS ) made this known on it website on Wednesday. According to its Consumer Price Index May 2020 report, this present figure is 0.06 percent points higher than the rate recorded in April [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":1843,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[365,676],"class_list":["post-26325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-inflation","tag-nbs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Inflation increased by 12. 40 percent in May \u2013 NBS - Nigeria<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation increased by 12. 40 percent in May \u2013 NBS\" \/>\n<meta property=\"og:description\" content=\"Africa Press-Nigeria: The consumer price index, (CPI) which measures inflation increased by 12.40 percent (year-on-year) in May 2020. National Bureau of Statistics (NBS ) made this known on it website on Wednesday. According to its Consumer Price Index May 2020 report, this present figure is 0.06 percent points higher than the rate recorded in April [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-17T13:22:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"alico\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alico\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\"},\"author\":{\"name\":\"alico\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"headline\":\"Inflation increased by 12. 40 percent in May \u2013 NBS\",\"datePublished\":\"2020-06-17T13:22:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\"},\"wordCount\":175,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg\",\"keywords\":[\"inflation\",\"NBS\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\",\"name\":\"Inflation increased by 12. 40 percent in May \u2013 NBS - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg\",\"datePublished\":\"2020-06-17T13:22:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg\",\"width\":1600,\"height\":900},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Inflation increased by 12. 40 percent in May \u2013 NBS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7\",\"name\":\"alico\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/alico\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Inflation increased by 12. 40 percent in May \u2013 NBS - Nigeria","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs","og_locale":"en_US","og_type":"article","og_title":"Inflation increased by 12. 40 percent in May \u2013 NBS","og_description":"Africa Press-Nigeria: The consumer price index, (CPI) which measures inflation increased by 12.40 percent (year-on-year) in May 2020. National Bureau of Statistics (NBS ) made this known on it website on Wednesday. According to its Consumer Price Index May 2020 report, this present figure is 0.06 percent points higher than the rate recorded in April [&hellip;]","og_url":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs","og_site_name":"Nigeria","article_published_time":"2020-06-17T13:22:58+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg","type":"image\/jpeg"}],"author":"alico","twitter_card":"summary_large_image","twitter_misc":{"Written by":"alico","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs"},"author":{"name":"alico","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7"},"headline":"Inflation increased by 12. 40 percent in May \u2013 NBS","datePublished":"2020-06-17T13:22:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs"},"wordCount":175,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg","keywords":["inflation","NBS"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs","url":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs","name":"Inflation increased by 12. 40 percent in May \u2013 NBS - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg","datePublished":"2020-06-17T13:22:58+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7"},"breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#primaryimage","url":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg","contentUrl":"https:\/\/static.africa-press.net\/upload\/sites\/3\/2019\/01\/National-Bureau-of-Statistics-NBS-.jpg","width":1600,"height":900},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/all-news\/inflation-increased-by-12-40-percent-in-may-nbs#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Inflation increased by 12. 40 percent in May \u2013 NBS"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/50afd2ef4f0e900bd0a176404a8484a7","name":"alico","url":"https:\/\/www.africa-press.net\/nigeria\/author\/alico"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/26325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=26325"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/26325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/1843"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=26325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=26325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=26325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}