Nigeria’s Inflation Rate crashes To 24.48 Per Cent
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025, as against the December 2024 rate of 34.80 per cent. Announcing this at a briefing yesterday, the Statistician-General of the Federation, Adeyemi Adeniran, said the All-Items Index, which is used to measure headline inflation for January 2025, was 110.7, resulting […]
Nigeria’s inflation Rate hits 34.80%
Nigeria’s headline inflation rate jumped to 34.80% in December 2024 from 34.60% in November 2024. In its latest Consumer Price Index report released yesterday, the National Bureau of Statistics said the December 2024 headline inflation rate showed a marginal increase of 0.20% compared to the November 2024 headline inflation rate. It attributed the increase to […]
Nigeria’s inflation rate drops to 32.15% in August
Nigeria’s inflation rate dropped from 33.40% in July to 32.15% in August. This is the second month of consecutive inflation decline this year. In its Consumer Price Index report released yesterday, the National Bureau of Statistics said the headline inflation rate eased to 32.15% in August 2024, while food inflation stood at 37.52% in the […]
