Nigeria’s Inflation Rate Falls to 33.15% …C0NTINUE READING HERE >>>
The headline inflation rate in Nigeria dropped to 33.15% in August 2024, showing a reduction of 1.25 percentage points from the 33.4% recorded in July.
This decline marks the second consecutive month of easing inflation, signaling a positive trend in the country’s economic performance.
According to the National Bureau of Statistics (NBS), the decrease in inflation reflects a slowdown in the rise of average price levels compared to the previous month.
In its Consumer Price Index (CPI)…
>