Nigeria’s headline inflation rate for September 2024 rose to 32.70 per cent after slowing consecutively in the previous two months of July and August.
The report read, “In September 2024, the Headline inflation rate was 32.70% relative to the August 2024 headline inflation rate of 32.
15%.
Looking at the movement, the September 2024 Headline inflation rate showed an increase of 0.
55% compared to the August 2024 Headline inflation rate.
“On a year-on-year basis, the Headline inflation rate was 5.
98% points higher compared to the rate recorded in September 2023 (26.72%).
“Furthermore, on a month-on-month basis, the Headline inflation rate in September 2024 was 2.52%, which was 0.
30% higher than the rate recorded in August 2024 (2.22%).
..
News articles remains the property of the source. Tellbrief is a news aggregator.
