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Inflation Rates

Inflation Rates (percent)
 2018
MonthMarchAprilMay
All Items (Year on Change)13.3412.4811.61
All Items (12 Months Avg. Change)15.6015.2014.79
Food (Year on Change)/116.0814.8013.45
Food (12 Months Avg. Change)/119.2918.8918.36
All Items Less Farm Produce (Year on Change)/211.1810.9210.71
All Items Less Farm Produce (12 Months Avg. Change)/212.3312.0211.83
All Items Less Farm Produce and Energy (Year on Change)/311.8511.6411.60
All Items Less Farm Produce and Energy (12 Months Avg. Change)/312.5512.3812.32
    
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
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