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Nigeria Forum/News

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JUST IN: NBS to introduce three new indexes in inflation report 

punchng.com/just-i...

submitted over 1 year ago by uzong

JUST IN: NBS to introduce three new indexes in inflation report 

submitted over 1 year ago by uzong

JUST IN: NBS to introduce three new indexes in inflation report 
  • The National Bureau of Statistics will introduce three new indexes in its monthly Consumer Price Index, as part of the rebasing process to reflect current economic realities and structural changes.
  • These new indexes will include the services index, energy index, and farm produce index, providing information on price fluctuations in sectors like education, transport, energy, and agriculture.
  • The new base year for the CPI will be 2024.
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