Nigerian consumer inflation eases

Nigeria’s consumer inflation fell for the third consecutive month in September, mainly due to a drop in the underlying “core” price growth. Headline inflation eased to 11.3 percent year on year in September, down from 11.7 percent in August and a 2012 peak of 12.9 percent in June, official statistics showed yesterday. Food inflation rose slightly to 10.2 percent year on year in September, from 9.9 percent in August. – Reuters