Dynamics driving inflation yet to be subdued – CPPE

Dynamics driving inflation yet to be subdued – CPPE …C0NTINUE READING HERE >>>


Centre for the Promotion of Private Enterprises (CPPE) says factors driving inflation dynamics have yet to be effectively subdued, hence the resurgence in the country’s inflationary figure.

Founder, CPPE, Dr Muda Yusuf, said this while reacting to the September inflation on Tuesday in Lagos.

The National Bureau of Statistics (NBS) said that the nation’s inflation stood at  32.70 per cent in September from 32.15 per cent in August.

Yusuf said factors such as depreciating exchange rate, surging fuel price, rising transportation costs, logistics and supply chain challenges,…

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