The Consumer Price Index (CPI) which measures inflation increased by 16.10 percent (year-on-year) in June 2017. This was 0.15 percent points lower the rate recorded in May (16.25 percent). Accordingly, this represents the fifth consecutive decline in the rate of inflation since January 2017 

Date source: National Bureau of Statistics

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Average price paid by consumers for premium motor spirit ( petrol) increased by 1.2 % year-on-year and
decreased by -0.3% month-on-month to N150.3 in June 2017 from N150.7 in May 2017.

States with the highest average price of premium motor spirit (petrol) were Yobe (N168), Gombe (N167.50) &
Adamawa (162.50).

States with the lowest average price of premium motor spirit (petrol) were Abuja,Edo,Ekiti, ,Ogun, and Osun
( N145), Ondo & Kano (N145.3) and Kwara & Oyo (N145.5).

Date source: National Bureau of Statistics

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