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Kogi has highest inflation in Nigeria – Bureau of Statistics

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Kogi State governor, Alhaji Yahaya Bello
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The National Bureau of Statistics has declared Kogi State as having the highest inflation rate with 20.82 per cent, while Gombe and Oyo States rate stood at 19.09 and 19.07 respectively.

Inflation in Yobe and Edo State showed 14.96 and 14.85 per cents respectively.

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The NBA said inflation in Kogi State cut across all items.

Kwara 13.70 per cent recorded the slowest rise in headline Inflation (year-on-year), according data from the National Bureau of Statistics (NBS).

On the whole, Nigeria’s headline inflation in the month of September 2021, dropped further to 16.63 per cent compared to 17.01Â recorded in the previous month.

The latest consumer price index (CPI) report released by the NBS also that the CPI which measures the rate of inflation rose by 16.63 per cent year-on-year in the review month. This represents 0.38 per cent point decrease compared to 17.01% recorded in August 2021.

Food inflation, which is a closely watched index also dropped to 19.57 per cent in September from 20.3 per cent recorded in the prior month while core inflation rose to 13.74 per cent, up by 0.33 per cent when compared with 13.41 per cent recorded in August 2021.

This rise in the food index was caused by increases in prices of oils and fats, bread and cereals, fish, coffee, tea and cocoa, potatoes, yam and other tuber and milk, cheese and egg.

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