June 21, 2024

Nigeria’s inflation rises to 20.77% in September – NBS


Nigeria’s inflation surpassed 20.77% in September 2022.

The National Bureau of Statistics, NBS made this known in its monthly report released on Monday.

The headline inflation rate rose to 20.77% in September 2022, on a year-on-year basis, according to the report.

This, the bureau said was 4.14% points higher compared to the rate recorded in September 2021, which was (16.63%).

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