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Nigeria's misery index - By: .

By Rislanudeen Muhammad   The Misery Index measures the social and economic costs for individuals living in a particular country. It helps in understanding the extent of socio-economic hardship in a country.  It is meant to measure the degree of economic distress felt by people, due to the risk of (or actual) joblessness as well […]
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Inflation rate rose to 17.33% in February- NBS


rise in the food index was caused by increases in prices of bread and cereals, potatoe
By
Tue Mar 16 2021
Inflation rate has risen to 17.33 per cent in February, 2021 from the 16.47 per cent recorded in January 2021.
The consumer Price Index (CPI) data released Tuesday by the National Bureau of Statistics (NBS) showed that core inflation, which measures inflation without volatile items,  rose  from 11.85 per cent in January, 2021  to 12.38 per cent in February 2021 .
Similarly, food inflation skyrocketed to 21.79 percent in February 2021 from 20.57 per cent in January 2021.
An economist and also a member of Daily Trust Board of Economists, Dr. Rislanudeen Muhammad, said rising inflation and unemployment implies stagflation which means that the normal Keynesian policy mix typically preferred to deal with economic challenges like Nigeria’s that is suffering from weak, crawling Gross Domestic Product (GDP) growth may not work. ....

Rislanudeen Muhammad , Daily Trust Board Of Economists , National Bureau Of Statistics , Price Index , National Bureau , Daily Trust Board , Gross Domestic Product , தினசரி நம்பிக்கை பலகை ஆஃப் பொருளாதார வல்லுநர்கள் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , ப்ரைஸ் குறியீட்டு , தேசிய பணியகம் , தினசரி நம்பிக்கை பலகை , மொத்த உள்நாட்டு ப்ராடக்ட் ,