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Nigeria: Nigeria’s inflation rate increased to 34.80% in December — NBS — Africa Links 24

Nigeria: Nigeria’s inflation rate increased to 34.80% in December — NBS — Africa Links 24

Africa Links 24 with Rayyan Alhassan
Published on 2025-01-15 16:30:13

tiamin rice

The National Bureau of Statistics, NBS, says Nigeria’s headline inflation rate increased to 34.80 per cent in December 2024.

The NBS disclosed this in its Consumer Price Index, CPI, and Inflation Report for December 2024, which was released in Abuja on Wednesday.

According to the report, the figure is 0.20 per cent higher compared to the 34.60 per cent recorded in November 2024.

The NBS said that the slight increase in the headline inflation on a month-on-month basis was due to…

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