The Shopper Worth Index, CPI, which measures change in costs of products and commodities declined to 32.15 per cent in August in comparison with 33.40 per cent within the previous month.
The Nationwide Bureau of Statistics, NBS, disclosed this Monday, attributing the 1.25 per cent drop within the headline index to moderation in meals and commodity costs.
In accordance with the CPI figures for the evaluate interval, year-on- yr, nevertheless, inflation was 6.35 per cent increased in comparison with 25.80 per cent in August 2023.
Month-on-month, headline inflation dropped to 2.22 per cent in comparison with 2.28 per cent in July.
