Nigeria’s inflation rate hits 34.6%, driven by rising food prices

GistReel Entertainment

Nigeria’s inflation rate surged to 34.6% in November 2024 from 33.8% in October, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). This represents a year-on-year increase of 6.4 percentage points compared to 28.2% in November 2023. On a… Nigeria’s inflation rate hits 34.6%, driven by rising food … Read more