The share of eggs in the CPI represents the proportion of total consumer spending attributed to eggs, expressed as a percentage. This weight is small because ...

February's CPI report shows softer-than-expected inflation, with headline CPI up 0.2% MoM and 2.8% YOY, driven by declines in ...

Nigeria reduces inflation rate, but the cost of living remains high – here’s why To disable Redis, delete the ...

We saw the housing category fall, for example, but within the category, different components are pulling ... causing tobacco’s weight in the CPI basket to fall. But this is not all good news ...

Similarly, don’t cue the trumpets just yet on inflation. The expectations coming into today’s figure were for +0.31% on ...

Adjusting weights of consumer price index components Each part of the consumer price index was given a new weight based on updated national consumption data. Spending categories with increased ...

Nigeria revised the way inflation is measured but many Nigerians still feel that the cost of living remains high.

Inflation rate rebasing follows a structured approach led by the National Bureau of Statistics to improve the accuracy of inflation measurements. Essentially what it means is that the National ...