Inflation Rates (percent)
| |||
| 2018 | |||
| Month | March | April | May |
| All Items (Year on Change) | 13.34 | 12.48 | 11.61 |
| All Items (12 Months Avg. Change) | 15.60 | 15.20 | 14.79 |
| Food (Year on Change)/1 | 16.08 | 14.80 | 13.45 |
| Food (12 Months Avg. Change)/1 | 19.29 | 18.89 | 18.36 |
| All Items Less Farm Produce (Year on Change)/2 | 11.18 | 10.92 | 10.71 |
| All Items Less Farm Produce (12 Months Avg. Change)/2 | 12.33 | 12.02 | 11.83 |
| All Items Less Farm Produce and Energy (Year on Change)/3 | 11.85 | 11.64 | 11.60 |
| All Items Less Farm Produce and Energy (12 Months Avg. Change)/3 | 12.55 | 12.38 | 12.32 |
| Note: The new base period for Consumer Price Indices is November 2009 Year on a change in percent is year-on-year or annualized inflation rate Computation of the 12-month average change is based on 12-month moving average /1 Food inflation rate is also called the non-core inflation /2 All items less farm produce is otherwise known as core inflation /3 All items less farm produce and energy is another type of core inflation source: cbn.org.ng | |||
On 5 September 2017, the Hong Kong Institute of CPAs and the IASB will host a joint outreach event in Hong Kong on the IASB discussion paper DP/2017/1 'Disclosure Initiative — Principles of Disclosure'. The event will cover main elements of the discussion paper , including: “what constitutes effective communication in the financial reports;” “what constitutes fair presentation of performance measures such as EBITDA;” “when, where and how financial information should be disclosed.” For more information, see the press release on the IASB’s website.
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