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August inflation is 10.5%

Year-on-year inflation rate for August 2020 was 10.5%

CPI for August 2020 was 120.0 relative to 120.5 in July 2020

This means that in the month of August 2020 the general price level was 10.5 % higher than in August 2019

Month-on-month inflation between July 2020 and August 2020 was -0.4%

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Atuobi Alex

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