Inflation Rates (Percent)

Month	June	July	August

	2013
All Items (Year on Change)	8.40	8.70	8.20
All Items (12 Months Avg. Change)	10.40	10.00	9.80
Food (Year on Change)/1	9.60	10.00	9.70
Food (12 Months Avg. Change)/1	10.40	10.20	10.20
All Items Less Farm Produce (Year on Change)/2	5.50	6.60	7.20
All Items Less Farm Produce (12 Months Avg. Change)/2	10.70	10.00	9.40
All Items Less Farm Produce and Energy (Year on Change)/3	4.40	6.30	6.70
All Items Less Farm Produce and Energy (12 Months Avg. Change)/3	9.30	8.70	8.20


Note: New base period for Consumer Price Indices is November 2009 Year on change in per cent 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
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Export InflationRates Statistics

2013

Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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