In april 2024, inflation rate for nigeria was 33.8 %. Looking at the movement, the march 2024 headline inflation rate showed an increase of 1.50% points when compared to the february 2024 headline inflation rate.
The 2022 average figure was 18.8%. Looking at the details of the release, prices for food and transporation rose at quicker rates in.
Business And Economic Activities In Nigeria Declined To The Lowest In June 2024 Amid Soaring Prices Of Goods And Services.
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.
The Central Bank Of Nigeria (Cbn) Has Reported A Surge In The Nation’s Money Supply, Which Reached A New High Of N99.24 Trillion In May 2024.
Nigeria inflation rate for 2021 was 16.95%, a 3.71% increase from 2020.
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Looking At The Movement, The February.
In the latest inflation report released by the national bureau of statistics (nbs), nigeria’s inflation rate for january 2024 has surged to 29.90%, marking a.
Nigeria’s Headline Inflation Rate Accelerated To The 17Th Straight Month Of 33.95% In May 2024 From 33.69% In The Prior Month, Marking The Highest Reading Since March 1996.
Nigeria’s money supply (m3) has surged to nearly n100 trillion, hitting a new peak of n99.24 trillion in may 2024.