March inflation highest in Cross River, slowest in Kwara, says NBS

eadec nbs
eadec nbs

From Isaac Anumihe, Abuja

The National Bureau of Statistics (NBS) has said that March inflation was highest in Cross River with 18.42 per cent year-on-year followed by Kogi with 18.18 per cent and Gombe with 18.09 per cent. Kwara, said the NBS, recorded the slowest rise with 14.03 per cent followed by Osun (14.14%) and Ogun (14.22%).

On month-on-month         basis, all items inflation in March 2022 recorded the highest increases in Niger (3.41%).  This was followed by Benue with 2.88% and Zamfara with 2.87%, while Oyo recorded the slowest rise on month-on-month basis with 0.30%. This was followed by Abuja with 0.37% and Jigawa (0.50%).

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The bureau also noted that food inflation, on year-on-year basis, was highest in Kogi with 22.21% followed by Cross River recording 19.86% and Kwara (19.53%), while Sokoto recorded the slowest rise in year-on-year food inflation with 14.04% followed by Kaduna and Rivers with 14.66% and 14.81% respectively.

On month-on-month basis, food inflation in March 2022 was highest in Anambra with 3.78%, followed by Niger with 3.60% and Zamfara with 3.31%, while Oyo recorded the slowest rise on month-on-month inflation with -0.19% followed by Jigawa and Ekiti with -0.10% and 0.41% respectively.

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