UPDATED: Nigeria’s annual inflation rate rises after two months consecutive fall - Tellbrief.com

UPDATED: Nigeria’s annual inflation rate rises after two months consecutive fall

Nigeria’s annual inflation rate rose in September after recording a two-month consecutive fall. The headline inflation rate was 32.

70 per cent relative to the August 2024 headline inflation rate of 32.15 per cent, the National Bureau of Statistics (NBS) announced Tuesday.

According to the NBS, the September 2024 headline inflation rate increased by 0.55 percentage points compared to August 2024.

On a year-on-year basis, the headline inflation rate was 5.98 percentage points higher than the rate recorded in September 2023 (26.

72 per cent). SUPPORT NOW x Do this laterAccording to the NBS, the food inflation rate in September 2024 was 37.

77 per cent...

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