Nigeria's inflation rate increased from 21.82% in January 2023 to 21.91% as of now. The percentage shows a rise of 0.09% points.
The National Bureau of Statistics revealed this in a recent Consumer Price Index report on Wednesday.
After the nationwide naira crisis and concerns surrounding the just finished presidential election, the inflation rate increased.
The NBS claimed that higher costs for oil and fat, fish, meats, vegetables, yam and other tubers, bread and cereals, and other goods were to blame for the rise in food inflation.
Post a Comment