Inflation Rate 2024 In Nigeria. Inflation monitor describes, on a monthly basis, the composition of items in the food basket which the national bureau of statistics uses for the computation of inflation rate in. Looking at the trend, december 2022 inflation rate showed a decline of 0.13% when compared to november 2022 inflation rate.
This is the highest it has been in two decades. The poverty rate in nigeria, according to the world bank, was estimated at 38.9 percent in 2023, and considering the relatively high prices of inhalers, patients may even.
The Increase In May Inflation Figures, Driven By Higher Food And Core Inflation, Has Placed Nigeria On Top As The Country With The Highest Inflation Among African.
Nigeria’s inflation rate rose to 29.90% in january 2024, from 28.92% in december 2023.
Inflation, Consumer Prices (Annual %) In Nigeria Was Reported At 18.85 % In.
In december 2023, the headline inflation rate increased to 28.92% relative to the november 2023 headline inflation rate which was 28.20%.
Nigeria Inflation Rate For 2022 Was 18.85%, A 1.89% Increase From 2021.
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Inflation Monitor Describes, On A Monthly Basis, The Composition Of Items In The Food Basket Which The National Bureau Of Statistics Uses For The Computation Of Inflation Rate In.
In april 2024, the headline inflation rate rose to 33.69%, up from 33.20% in march 2024, marking an increase of 0.49% points according to the nigeria bureau of.
Inflation Rate In Nigeria Increased To 33.95 Percent In May From 33.69 Percent In April Of 2024.
New base period for consumer price indices is november 2009.
Looking At The Trend, December 2022 Inflation Rate Showed A Decline Of 0.13% When Compared To November 2022 Inflation Rate.
