Nigeria Inflation

Fueled by a 25.3 percent increase in food prices from 24.8 percent a month earlier and a slight uptick in core inflation to 20.3 percent, headline inflation in Nigeria jumped to 22.79 percent in June 2023, rising by 0.38 percent over 22.41…

Inflation quickened for the fourth month to 17.71 per cent in May 2022, up from the 16.82 per cent recorded in April, and above the market expectation of 17.4 per cent. On a year-on-year basis, however, it slowed by 0.22 per cent lower…

The National Bureau of Statistics on Monday said the Consumer Price Index (CPI) which measures inflation rate dropped to 11.22 per cent in June 2019. It is the lowest inflation since July 2018. The NBS disclosed this in its latest…