Inflation hits 32.70% in September …C0NTINUE READING HERE >>>
National Bureau of Statistics (NBS) has said Nigeria’s inflation rate has risen to 32.70% for the month of September.
The NBS reported that the headline inflation rate for September 2024 was 32.70%, compared to 32.15% recorded in August 2024.
“Looking at the movement, the September 2024 headline inflation rate showed an increase of 0.55% compared to the August 2024 headline inflation rate,” the Bureau noted.
“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%).
“This shows that the…
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